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

Investors may react cautiously to news that TRIDENT's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

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's current ratio is 1.632, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as TRIDENT should not face any issues meeting its short-term liabilities with available resources.
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

Trident Limited's present price relative to projections does not indicate any obvious risks or opportunities. This balanced situation suggests a period of stability, where investors may find it prudent to maintain their current strategies until more information becomes available.

Recommendation changes over time:

Recommendations trend for TRIDENT
Recommendations trend for TRIDENT


Trident Limited has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as Trident Limited is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.