Overall Fundamental outlook

Business Operations:

Sector: Consumer Cyclical
Industry: Textile Manufacturing

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.

Revenue projections:

Revenue projections for TRIDENT
Revenue projections for TRIDENT

With TRIDENT's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.

Financial Ratios:

currentRatio 1.63200
forwardPE 28.37000
debtToEquity 34.74200
earningsGrowth 0.05900
revenueGrowth 0.04300
grossMargins 0.47938
operatingMargins 0.07367
trailingEps 0.86000
forwardEps 1.20000

Trident Limited's current ratio being 1.632 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.
TRIDENT's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation.

Price projections:

Price projections for TRIDENT
Price projections for TRIDENT

The present price of TRIDENT in relation to its projections indicates a lack of clear risks or opportunities. This balanced situation suggests that investors may find it prudent to wait for further signals before making significant moves in the stock.

Recommendation changes over time:

Recommendations trend for TRIDENT
Recommendations trend for TRIDENT


Analysts are favoring TRIDENT with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider TRIDENT as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.