Trident Limited Share Price and Company Fundamentals



Price
₹36.1
Change
0.750 (2.122%)
52 week
31.0 - 70.35

Last traded: Today at 10:00 AM

Trident Limited engages in manufacturing, trading, and sale of textiles, papers, and chemicals in the United States, India, and internationally. It provides cotton combed, special open-end, organic cotton, core spun, blended, eli-twist, slub, compact, air rich, certified cotton, mélange, packed dye, gassed mercerized, zero twist, wrapper, bamboo/cotton, modal/cotton, soya/cotton, polyester/cotton, BCI cotton, BMP cotton, and dyed yarns; home textiles; bath linen products; and bed linen products. The company also offers copier, writing and printing maplitho, bible and offset print, bond, stiffener, cartridge, index, watermark, drawing, digital printing, carry bag, wedding card, sublimation, and virgin unbleached kraft papers; and commercial, battery, and laboratory reagent grade sulphuric acid. It also exports its products. The company was formerly known as Abhishek Industries Limited and changed its name to Trident Limited in April 2011. Trident Limited was incorporated in 1990 and is headquartered in Ludhiana, India.

Key Metrics

PE ratio

31.16

PB ratio

4.67

Dividend yield

0.00%

Beta

0.64

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Textile Manufacturing / Consumer Cyclical
Full time employees 14998
Website https://www.tridentindia.com
Mailing address E-212, Kitchlu Nagar Ludhiana 141001 India
Phone / Fax 91 16 1503 9999 / 91 16 1503 9900

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

64.29%

Trident Limited paid ₹0.00 dividend and the ex-dividend date was 18 Aug 2022.The dividend payout ratio is 64.29%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.TRIDENT dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

TRIDENT's forward dividend amount is ₹0.72 and the forward dividend yield is 2.05%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Trident Limited.

Name Title Age Total Pay
Mr. Deepak Nanda B.Sc, M.Sc. MD & Whole-Time Director 61 19.2M
Mr. Abhinav Gupta B.E., M.B.A. Investor Relation & Head of Corp. Fin. 41
Mr. Swapan Nath Managing Director of Bath Linen Bus.
Mr. Naveet Jindal Managing Director of Paper, Chemicals & Energy Bus.
Mr. Avneesh Barua CFO & Key Mang.ial Personnel
Mr. Hari Krishan Company Sec. & Compliance Officer
Mr. Pardeep Kumar Markanday Chief Operating Officer of Home Textiles 64
Mr. Abhishek Gupta Chairman of the Corp. Advisory Board & Chief Strategic Marketing 34
Mr. R. C. Johri Chief Operating Officer of Papers
Mr. Rajnish Gera Chief Operating Officer of Energy & Chemicals 49

Profitability and management effectiveness

Profit margin

10.51%

Operating margin

14.75%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Trident Limited is and its enterprise value is .

The TRIDENT's stocks Beta value is 0.64 making it 36% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Trident Limited (NSE:TRIDENT) Frequently Asked Questions

1. What is Trident Limited's Stock Symbol?

Trident Limited trades on NSE under the ticker symbol "TRIDENT".

2. What is Trident Limited's stock price today?

One share of TRIDENT stock can currently be purchased for approximately ₹36.1.

3. How can I contact Trident Limited?

Trident Limited's mailing address is E-212, Kitchlu Nagar Ludhiana 141001 India. The company can be reached via phone at 91 16 1503 9999.

4. What is Trident Limited's official website?

The official website of Trident Limited is https://www.tridentindia.com.