Is Trident share a good buy?

Is Trident share a good buy?

The share price of Trident rebounded sharply from the lower level to hit its 5% upper circuit. At this juncture, prices are trading in a crucial range between Rs 47.50 (Key support level) and Rs 51.50 (100 DEMA). Sustaining above Rs 47 is the key factor from a short-term perspective.

Is Trident a good buy in 2022?

Motilal Oswal is bullish on Trident has recommended buy rating on the stock with a target price of Rs 73 in its research report dated January 20, 2022. Trident (TRID) reported a strong performance in the Home Textile and Paper segments, driven by robust demand with the easing of pandemic woes.

Why is Trident going down?

TRIDENT Trident is falling or rising technical reasons Stock is falling and might fall more. Stock of Trident (TRIDENT) is trading below an important moving average line, and it has been below this line for quite some time now.

Should I sell Trident share today?

Important support & resistance levels of TRIDENT are 6.52, 8.15, 19.41, 36.38, 46.1, 61.25….Trident TRIDENT share price targets.

Upside intraday target	38.56
Upside intraday target	40.78
Upside short term target	44.8
Upside mid term target	44.38

Is Trident undervalued?

2. Is Trident Ltd undervalued or overvalued? The key valuation ratios of Trident Ltd’s currently when compared to its past seem to suggest it is in the Overvalued zone.

What will be the future of Trident share?

View 4 reports from 2 analysts offering long term price targets for Trident Ltd.. Trident Ltd. has an average target of 58.00. The consensus estimate represents an upside of 25.81% from the last price of 46.10.

What will Trident stock be in 2025?

Trident Share Price Target 2025 Table 01

Month	expected target
January	230RS
February	209RS
March	246RS
April	265RS

Will Trident go up?

As on 27th Jun 2022 TRIDENT Share Price closed @ 38.00 and we RECOMMEND Buy for LONG-TERM with Stoploss of 33.31 & Strong Sell for SHORT-TERM with Stoploss of 48.51 we also expect STOCK to react on Following IMPORTANT LEVELS.

Can Trident become a multibagger?

Trident is placed nicely to become a Multibagger once again, Investors with patience for 12-24 Months, would be able to see the levels of 130-150. Trident has good future potential to become a multi-bagger!! Important Note: Potential multi-baggers are those stocks that have the potential to give 100 – 500% profits.

What is the latest news about Trident?

Trident jumps over 11% in five days Trident hit an upper circuit limit of 5% at Rs 58.85, extending gains for the fifth trading session.

Is Trident a good company?

Very Good quality and work system Trident group very good company,good facility,good quality,Good system,Good production and strong saftey and good management.

Is Trident giving bonus shares?

Trident has not announced any bonus so far.

Will Trident go up tomorrow?

Tomorrow’s movement Prediction of Trident Limited TRIDENT as on 27 Jun 2022 appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock….Munafa value: 54 as on 27 Mon Jun 2022.

Upside target	40.08
Downside target	36.47
Downside target	35.68

Is Trident a debt free company?

Is TRIDENT’s debt level acceptable? TRIDENT is a relatively highly levered company with a debt-to-equity of 95%. This is not unusual for small-caps as debt tends to be a cheaper and faster source of funding for some businesses.

Is Trident a multibagger Quora?

Trident can surely give multibagger returns in next 5 years as the stock is fundamentally strong and technically correct. Now the lower levels would be around 5–7 and upside would be around 20–25 levels. Once crosses this stock can zoom to 50 levels. But you need to have patience and stay invested in this stock.

Is Trident a Tata company?

This retail division of Group Trident has been into existence since 1996. Starting the retail division with Tanishq jewellers (TATA Group), the company has now expanded wings in different segment like Siemens, Miele, Hafele, Bora home Appliances, Hacker Kitchens German made, Eternal Gandhi, Fabindia and Pantaloons.

What is the debt of Trident?

Trident’s Financial Summary

Parameter	MAR’18 (₹ Cr.)	YoY %Change
Total Assets	6,297.09	2.39%
Contingent Liabilities	56.78	-19.62%
Total Debt	2,797.81	-1.81%
Book Value (in ₹)	57.08	6.76%

What does Trident company do?

Trident Limited is a leading manufacturer of Yarn Bath Linen Bed Linen Wheat Straw-based Paper Chemicals and Captive Power. The Company has state-of-the-art manufacturing facilities in Barnala (Punjab) and Budni (Madhya Pradesh). The Company has a strong clientele in 100 countries across the globe.