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1 Comment
Trident Limited is currently in a long term uptrend where the price is trading 35.3% above its 200 day moving average.
From a valuation standpoint, the stock is 99.7% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 1.7.
Trident Limited's total revenue rose by 14.8% to $13B since the same quarter in the previous year.
Its net income has increased by 200.4% to $1B since the same quarter in the previous year.
Finally, its free cash flow fell by 27.2% to $7B since the same quarter in the previous year.
Based on the above factors, Trident Limited gets an overall score of 4/5.
Exchange | NSE |
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CurrencyCode | INR |
Sector | Consumer Cyclical |
Industry | Textile Manufacturing |
ISIN | INE064C01022 |
Market Cap | 158B |
---|---|
PE Ratio | 42.3 |
Target Price | 38 |
Dividend Yield | 1.6% |
Beta | -0.07 |
Trident Limited engages in the manufactures, trades, and sales of textiles, paper and chemicals in India, the United States, and internationally. The company operates through four segments: Yarn, Towel, Bedsheets, and Paper and Chemicals. It offers ced, special open-end, air jet, carded, 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; and home textiles, including bath and bed linen products. The company provides branded copier, writing and printing maplitho, and bible and offset printing paper products; and LR/AR grade sulphuric acid which uses batteries, to manufacture zinc sulphate, alum, dyes, and detergents. It also exports its products. The company was formerly known as Abhishek Industries Limited and changed its name to Trident Limited in April 2011. The company was incorporated in 1990 and is based in Barnala, India.
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