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

Revenues for Trident Limited are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 2.00900
forwardPE 29.58000
debtToEquity 35.38700
earningsGrowth 1.36800
revenueGrowth 0.10800
grossMargins 0.48415
operatingMargins 0.08453
trailingEps 0.73000
forwardEps 1.20000

Trident Limited's current ratio of 2.009 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects Trident Limited's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues.
TRIDENT's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
TRIDENT's positive earnings and revenue growth indicate that the company is on track to expand its business. This growth suggests a strong financial outlook, with increasing profits and sales positioning TRIDENT for continued success in the market.

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


The recent buy bias from analysts suggests Trident Limited is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, Trident Limited appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.