Price To Earnings Ratio 48.55 | Sector PE 34.25 |
PB Ratio 3.96 | Sector PB 6.67 |
EPS 0.69 | Dividend Yield 0.99 |
Today's Volume 5.738 M | 5 Day Avg. Volume 4.922 M |
PEG Ratio -2.35 | Market Cap. ₹ 17,080.00 Cr. |
Time | TRIDENT | VS | Industry |
---|---|---|---|
1 Day | 0.72% | 0.72% | |
1 Week | 6.45% | 6.45% | |
1 Month | 0.45% | 0.45% | |
6 Months | -7.71% | -7.71% | |
1 Year | -9.73% | -9.73% |
Period (Days) | SMA | Indication |
---|---|---|
10 | 32.37 | Bullish |
20 | 32.88 | Bullish |
30 | 33.08 | Bullish |
50 | 34.11 | Bearish |
100 | 35.78 | Bearish |
200 | 37.58 | Bearish |
Annual | FY 2024 | FY 2023 | FY 2022 | ||||
---|---|---|---|---|---|---|---|
Operating Activities | 287.30 | 1426.25 | 902.58 | ||||
Investing Activities | -718.32 | -1165.34 | -343.31 | ||||
Financing Activities | 340.04 | -410.38 | -386.88 | ||||
Net Cash Flow | -90.98 | -149.47 | 172.39 |
All Figures in ₹ Cr., unless mentioned otherwise
Name | 1D (%) | 1W (%) | 1M (%) | 6M (%) | 1Y (%) |
---|---|---|---|---|---|
Trident | 0.72 | 6.45 | 0.45 | -7.71 | -9.73 |
Alok Industries | 2.26 | 6.3 | -2.52 | -21.89 | 1.72 |
Garware Technical Fibres | -1.54 | -2.17 | 15.6 | 15.59 | 15.59 |
Lux Industries | 1.8 | 8.92 | -1.32 | 41.16 | 50.92 |
Indo Count Industries | 4.04 | 2.06 | -10.5 | -13 | 0.77 |
The article examines the business model of Trident Limited, as well as industry fundamentals to determine whether or not it would be a good investment opportunity for you.
Located in Ludhiana, Punjab, India Trident Limited is a leading diverse group of businesses. Its incorporation date is April 18th, 1990. The company is famous for different products and services including home textiles, paper, chemicals and energy. Trident Limited is also a major stakeholder in the home textiles business, yarns & paper industry. It is ranked among the top five terry towel manufacturers globally.
The company is present all over the globe with products sold in more than 100 countries. It entered the international arena from a single unit under its founder Padma Shri Rajinder Gupta.
As of May 2024, the total paid-up capital of this company stands at INR 509.60 cr. Moreover, it’s listed on the NSE (National Stock Exchange) stock market.
The Conglomerate sector in India has profited immensely from the country’s market policies as well as the investment boom starting in the 1990s. By 2027, India is likely to be the world's third economy overtaking Japan and Germany and have the fourth biggest stock market by 2030.
This growth is powered by strategic investments in technology, energy, and a move towards global offshoring and digitalization. The Conglomerate sector with its varied business interests can take advantage of these trends that make it a potentially viable investment.
Investing in conglomerates such as Trident Limited may be a good alternative. Trident Limited appears to be an attractive investment opportunity due to its diversification across industries and an extensive global presence. Its consistent growth and sound financial performance also makes the company a compelling choice for investors seeking steady returns within the conglomerate industry.
Working within the conglomeration industry, Trident Limited operates in a competitive environment. Some of the company’s competitors include:
Trident Limited is a leading diversified group of businesses and serves as the flagship company of the Trident Group. Let’s get into its history and key details:
Here’s a summary of Trident Limited’s financial information as of June 2024:
Metric |
Value |
---|---|
Rs. 17,882 Cr. |
|
Book value |
Rs. 8.47 (Per share) |
1.03 % |
|
10.5 % |
|
8.21 % |
|
Rs. 1.00 |
Here’s a concise summary of Trident Limited’s shareholding pattern as of June 2024 :
Let us compare Trident Limited with its peers that have full data available. See the table below:
Metric |
Indo Count Industries Ltd. |
Welspun Living Ltd. |
Bombay Dyeing |
S R Industries Ltd. |
---|---|---|---|---|
20.01 |
19.55 |
1.17 |
-2.10 |
|
P/B Ratio |
3.24 |
2.89 |
1.87 |
-0.11 |
Dividend Yield (Avg.) |
0.64 |
0.07 |
0.72 |
0.00 |