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Buy Trident Ltd For Target Rs. 37 - JM Financial Institutional Securities Trident reported consol. EBITDA of INR2.3bn, lower than JMfe of 2.8bn. Revenue from home–textile segment declined sequentially by 4.4% while paper and chemicals segment declined 23.2 QoQ. Textile segment reported EBIT margins of 6.5% during the quarter vs 5.9% during 4QFY23 mainly on account of lower raw material cost while margins for the paper and chemicals segment declined significantly QoQ to 29% (34% in 4QFY23). Consolidated EBITDA margins came in lower QoQ at 15.5% vs 4QFY23 margi...
Buy Trident Ltd For Target Rs. 37 - JM Financial Institutional Securities
Buy Trident Ltd For Target Rs. 37 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
11/08/2023 2:38:21 PM
Trident Lifeline soars on completing acquisition of 51% stake in TLL Herbal Trident Lifeline is currently trading at Rs. 223.30, up by 10.05 points or 4.71% from its previous closing of Rs. 213.25 on the BSE. The scrip opened at Rs. 202.50 and has touched a high and low of Rs. 223.30 and Rs. 202.50 respectively. So far 70800 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 239.70 on 08-Aug-2023 and a 52 week low of Rs. 102.75 on 11-Oct-2022. Last one week high and low of the scrip stood...
Trident Lifeline soars on completing acquisition of 51% stake in TLL Herbal
Trident Lifeline soars on completing acquisition of 51% stake in TLL Herbal
Source: Accord Fintech
10/08/2023 2:54:11 PM
Buy Trident Ltd For Target Rs.37 - JM Financial Institutional Securities Textile margins improve; ambitious capex to drive future performance Trident reported consol. EBITDA of INR2.3bn, lower than JMfe of 2.8bn. Revenue from home–textile segment declined sequentially by 4.4% while paper and chemicals segment declined 23.2 QoQ. Textile segment reported EBIT margins of 6.5% during the quarter vs 5.9% during 4QFY23 mainly on account of lower raw material cost while margins for the paper and chemicals segment declined significantly QoQ to 29% (34% in 4QFY23)...
Buy Trident Ltd For Target Rs.37 - JM Financial Institutional Securities
Buy Trident Ltd For Target Rs.37 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
7/08/2023 3:04:04 PM
Trident gains on receiving patent for `Process of manufacturing fabric with homogeneous pores` Trident is currently trading at Rs. 33.09, up by 0.29 points or 0.88% from its previous closing of Rs. 32.80 on the BSE. The scrip opened at Rs. 32.70 and has touched a high and low of Rs. 34.00 and Rs. 32.62 respectively. So far 1806791 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 43.75 on 21-Jul-2022 and a 52 week low of Rs. 25.10 on 28-Mar-2023. Last one week high and low of the scrip stood at Rs. 34.00 an...
Trident gains on receiving patent for `Process of manufacturing fabric with homogeneous pores`
Trident gains on receiving patent for `Process of manufacturing fabric with homogeneous pores`
Source: Accord Fintech
21/07/2023 2:47:16 PM
Trident gains as its arm incorporates wholly owned subsidiary in Netherlands Trident is currently trading at Rs. 33.78, up by 0.24 points or 0.72% from its previous closing of Rs. 33.54 on the BSE. The scrip opened at Rs. 33.71 and has touched a high and low of Rs. 33.90 and Rs. 33.60 respectively. So far 299336 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 43.75 on 21-Jul-2022 and a 52 week low of Rs. 25.10 on 27-Mar-2023. Last one week high and low of the scrip stood at Rs. 33.90 and...
Trident gains as its arm incorporates wholly owned subsidiary in Netherlands
Trident gains as its arm incorporates wholly owned subsidiary in Netherlands
Source: Accord Fintech
19/06/2023 10:37:25 AM
Trident Q4 net profit down 32.93% at Rs 116.40 cr The company reported standalone net profit of Rs 116.40 crore for the quarter ended March 31, 2023 as compared to Rs 173.55 crore in the same period last year, registering a year-on-year decline of 32.93 per cent. Net revenue of the company declined moderately by 15.39 per cent at Rs 1,562.83 crore in January-March quarter of this fiscal as against Rs 1,847.14 crore in the corresponding period last year. During January-March quarter, operating expenses dropped by 13.48 per cent to Rs 1,314.68...
Trident Q4 net profit down 32.93% at Rs 116.40 cr
Trident Q4 net profit down 32.93% at Rs 116.40 cr
Source: Dion Global Services Ltd
25/05/2023 12:23:09 PM
Trident zooms on reporting 12,010 metric tons of paper production in March Trident is currently trading at Rs. 31.89, up by 2.13 points or 7.16% from its previous closing of Rs. 29.76 on the BSE. The scrip opened at Rs. 29.65 and has touched a high and low of Rs. 32.00 and Rs. 29.65 respectively. So far 2987058 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 58.00 on 11-Apr-2022 and a 52 week low of Rs. 25.10 on 28-Mar-2023. Last one week high and low of the scrip stood at Rs. 32.16 an...
Trident zooms on reporting 12,010 metric tons of paper production in March
Trident zooms on reporting 12,010 metric tons of paper production in March
Source: Accord Fintech
11/04/2023 12:24:19 PM
Buy Trident Ltd For Target Rs.35 - JM Financial Institutional Securities Ambitious capex to drive future performance Trident reported consol. EBITDA of INR1.4bn, significantly below JMfe of 2.0bn. Revenue from Textiles dipped sequentially by 19.8% QoQ while paper and chemicals reported an increase of 5.7% QoQ. Consolidated EBITDA margins came in lower QoQ at 9.9% vs 1QFY23 margin of 15.6%, impacted primarily due to higher raw material cost. Trident announced a capex plan worth INR8.9bn during the quarter in addition to the earlier announced capex of INR13.8bn. ...
Buy Trident Ltd For Target Rs.35 - JM Financial Institutional Securities
Buy Trident Ltd For Target Rs.35 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
14/12/2022 11:38:59 AM
Trident rises on reporting 12,061 metric tons of paper production in November Trident is currently trading at Rs. 36.75, up by 0.50 points or 1.38% from its previous closing of Rs. 36.25 on the BSE. The scrip opened at Rs. 36.40 and has touched a high and low of Rs. 37.10 and Rs. 36.30 respectively. So far 506048 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 70.90 on 18-Jan-2022 and a 52 week low of Rs. 30.70 on 14-Nov-2022. Last one week high and low of the scrip stood at Rs. 38.70 and...
Trident rises on reporting 12,061 metric tons of paper production in November
Trident rises on reporting 12,061 metric tons of paper production in November
Source: Accord Fintech
12/12/2022 10:47:59 AM
Trident shines on the BSE Trident is currently trading at Rs. 37.55, up by 1.40 points or 3.87% from its previous closing of Rs. 36.15 on the BSE. The scrip opened at Rs. 36.50 and has touched a high and low of Rs. 37.90 and Rs. 36.50 respectively. So far 3979374 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 70.90 on 18-Jan-2022 and a 52 week low of Rs. 30.70 on 14-Nov-2022. Last one week high and low of the scrip stood at Rs. 37.90 an...
Trident shines on the BSE
Trident shines on the BSE
Source: Accord Fintech
2/12/2022 2:41:27 PM
Trident rises as its group commissions New Solar Power Plant at Budhni Trident is currently trading at Rs. 35.75, up by 0.35 points or 0.99% from its previous closing of Rs. 35.40 on the BSE. The scrip opened at Rs. 35.70 and has touched a high and low of Rs. 36.25 and Rs. 35.70 respectively. So far 568097 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 70.90 on 18-Jan-2022 and a 52 week low of Rs. 33.05 on 21-Jun-2022. Last one week high and low of the scrip stood at Rs. 36.25 and...
Trident rises as its group commissions New Solar Power Plant at Budhni
Trident rises as its group commissions New Solar Power Plant at Budhni
Source: Accord Fintech
27/10/2022 12:38:17 PM
Trident rises on completing Solar Power Project at Budhni Trident is currently trading at Rs. 38.10, up by 0.25 points or 0.66% from its previous closing of Rs. 37.85 on the BSE. The scrip opened at Rs. 38.50 and has touched a high and low of Rs. 38.65 and Rs. 38.20 respectively. So far 95130 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 70.90 on 18-Jan-2022 and a 52 week low of Rs. 24.05 on 24-Sep-2021. Last one week high and low of the scrip stood at Rs. 38.65 and ...
Trident rises on completing Solar Power Project at Budhni
Trident rises on completing Solar Power Project at Budhni
Source: Accord Fintech
23/09/2022 10:54:56 AM
Trident trades higher on reporting 12,679 metric tons of paper in August Trident is currently trading at Rs. 39.95, up by 0.20 points or 0.50% from its previous closing of Rs. 39.75 on the BSE. The scrip opened at Rs. 39.65 and has touched a high and low of Rs. 40.25 and Rs. 39.65 respectively. So far 739255 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 70.90 on 18-Jan-2022 and a 52 week low of Rs. 23.10 on 21-Sep-2021. Last one week high and low of the scrip stood at Rs. 41.85 and...
Trident trades higher on reporting 12,679 metric tons of paper in August
Trident trades higher on reporting 12,679 metric tons of paper in August
Source: Accord Fintech
12/09/2022 12:03:07 PM
Trident surges on completing acquisition of 100% stake in Trident Innovations Trident is currently trading at Rs. 39.20, up by 0.55 points or 1.42% from its previous closing of Rs. 38.65 on the BSE. The scrip opened at Rs. 38.60 and has touched a high and low of Rs. 40.30 and Rs. 38.55 respectively. So far 780622 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 70.90 on 18-Jan-2022 and a 52 week low of Rs. 17.05 on 26-Jul-2021. Last one week high and low of the scrip stood at Rs. 43.75 and...
Trident surges on completing acquisition of 100% stake in Trident Innovations
Trident surges on completing acquisition of 100% stake in Trident Innovations
Source: Accord Fintech
26/07/2022 12:12:08 PM
Trident completes acquisition of 100% stake in Trident Innovations Trident has completed the acquisition of 100% shareholding in Trident Innovations on July 22, 2022. The company has acquired Trident Innovations for implementation of forward and backward integration of operations. Trident is engaged in manufacturing, trading and selling of Textiles (Yarn, Terry Towels & Bedsheets) and Paper & Chemicals.
Trident completes acquisition of 100% stake in Trident Innovations
Trident completes acquisition of 100% stake in Trident Innovations
Source: Accord Fintech
25/07/2022 9:38:18 AM
Buy Trident Ltd For Target Rs.58 - Motilal Oswal Textile margin to remain under pressure in the near term In line operating performance * TRID reported a strong revenue growth, led by the Home Textiles and Paper segment. EBIDTA margin was marginally higher (30bp), led by better operating performance in the Home Textiles segment, while Paper margin was a laggard. We expect the demand trend in the US market for Home Textiles to remain under pressure in the near term. * We cut our FY23/FY24 EBIDTA estimate by 10%/9% to factor in input...
Buy Trident Ltd For Target Rs.58 - Motilal Oswal
Buy Trident Ltd For Target Rs.58 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
8/06/2022 2:13:20 PM
Buy Trident Ltd For Target Rs.46 - JM Financial Research Raw mat. cost inflation hurts profitability Trident reported consol. EBITDA of INR3.4bn, in line with JMfe. Revenue from Textiles dipped sequentially by 8% while paper and chemicals reported an increase of 10%. Consolidated EBITDA margins came in lower QoQ at 17.7% vs 3QFY22 margin of 19.3%, impacted primarily due to surge in raw material cost. The Paper segment continues to show signs of steady progress with the opening of offices and educational institutes. Net debt decreased from c. INR...
Buy Trident Ltd For Target Rs.46 - JM Financial Research
Buy Trident Ltd For Target Rs.46 - JM Financial Research
Source: JM Financial Research
2/06/2022 12:26:53 PM
Trident trades higher on getting nod to acquire entire stake in Trident Innovations Trident is currently trading at Rs. 48.60, up by 0.55 points or 1.14 % from its previous closing of Rs. 48.05 on the BSE. The scrip opened at Rs. 48.05 and has touched a high and low of Rs. 49.35 and Rs. 47.00 respectively. So far 954417 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 70.90 on 18-Jan-2022 and a 52 week low of Rs. 15.65 on 01-Jun-2021. Last one week high and low of the scrip stood at Rs. 49.35 an...
Trident trades higher on getting nod to acquire entire stake in Trident Innovations
Trident trades higher on getting nod to acquire entire stake in Trident Innovations
Source: Accord Fintech
31/05/2022 10:36:50 AM
Trident touches roof on reporting 12,987 metric tons of paper production in April Trident is currently trading at its upper circuit limit of Rs. 51.10, up by 2.40 points or 4.93% from its previous closing of Rs. 48.70 on the BSE. The scrip opened at Rs. 48.60 and has touched a high and low of Rs. 51.10 and Rs. 48.60 respectively. So far 461738 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 70.90 on 18-Jan-2022 and a 52 week low of Rs. 15.65 on 01-Jun-2021. Last one week high and low of the s...
Trident touches roof on reporting 12,987 metric tons of paper production in April
Trident touches roof on reporting 12,987 metric tons of paper production in April
Source: IANS
10/05/2022 3:12:14 PM
Buy Trident Ltd For Target Rs.73 - Motilal Oswal Demand momentum continues to drive growth Revenue and PAT better than estimated; EBITDA in-line * Trident (TRID) reported a strong performance in the Home Textile and Paper segments, driven by robust demand with the easing of pandemic woes. The demand trend in Home Textile is expected to continue, with major export demand bouncing back in FY22E. * While we maintain our FY22 earnings estimate, on factoring in a) the growth opportunity with the normalization of business operations as w...
Buy Trident Ltd For Target Rs.73 - Motilal Oswal
Buy Trident Ltd For Target Rs.73 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
4/02/2022 9:53:03 AM
Trident rises on reporting 13,039 metric tons of paper production in December Trident is currently trading at Rs. 53.50, up by 0.40 points or 0.75% from its previous closing of Rs. 53.10 on the BSE. The scrip opened at Rs. 53.70 and has touched a high and low of Rs. 53.95 and Rs. 53.15 respectively. So far 2158932 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 59.90 on 29-Nov-2021 and a 52 week low of Rs. 12.55 on 28-Jan-2021. Last one week high and low of the scrip stood at Rs. 54.80 an...
Trident rises on reporting 13,039 metric tons of paper production in December
Trident rises on reporting 13,039 metric tons of paper production in December
Source: Accord Fintech
10/01/2022 2:31:33 PM
Buy Trident Ltd For Target Rs.25 - Motilal Oswal Home Textiles segment continues to drive growth Earnings above estimates * Trident (TRID) posted a strong performance, largely on account of demand revival across Home Textiles & Paper segments and the new RoSCTL benefit scheme announced by the government. The demand trend in Home Textiles is expected to continue, with easing logistic issues and pent-up demand in the US and Europe markets. The Paper segment is expected to see sharp recovery with the opening up of offices and educati...
Buy Trident Ltd For Target Rs.25 - Motilal Oswal
Buy Trident Ltd For Target Rs.25 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
5/10/2021 11:35:59 AM
Buy Trident Ltd For Target Rs.18.4 - Motilal Oswal Growth momentum continues; order book visibility improves Revenue in-line; EBITDA/PAT below estimates * Trident (TRID) reported a strong performance on the back of demand revival in the Home Textiles and Paper segments. The demand trend in Home Textiles is expected to continue in the upcoming quarters as well, led by order book visibility for the next six months. However, demand revival in the Paper segment has been impacted by the second COVID wave. Recovery is expected in the coming q...
Buy Trident Ltd For Target Rs.18.4 - Motilal Oswal
Buy Trident Ltd For Target Rs.18.4 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
12/06/2021 10:52:15 AM
Trident Q4 net profit jumps 91.18% at Rs 75.63 cr The company reported standalone net profit of Rs 75.63 crore for the quarter ended March 31, 2021 as compared to Rs 39.56 crore in the same period last year, registering a year-on-year growth of 91.18 per cent. Net revenue of the company rose substantially by 36.30 per cent at Rs 1,349.99 crore in January-March quarter of this fiscal as against Rs 990.49 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 31.84 per cent to Rs 1,114.43 cro...
Trident Q4 net profit jumps 91.18% at Rs 75.63 cr
Trident Q4 net profit jumps 91.18% at Rs 75.63 cr
Source: Dion Global Solutions Ltd
17/05/2021 12:02:06 PM
Trident gains on the BSE Trident is currently trading at Rs. 13.88, up by 0.03 points or 0.22% from its previous closing of Rs. 13.85 on the BSE. The scrip opened at Rs. 13.99 and has touched a high and low of Rs. 14.20 and Rs. 13.84 respectively. So far 1058847 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 16.98 on 06-Jan-2021 and a 52 week low of Rs. 4.45 on 22-May-2020. Last one week high and low of the scrip stood at Rs. 14.43 and...
Trident gains on the BSE
Trident gains on the BSE
Source: Accord Fintech
5/05/2021 2:12:03 PM
Trident Ltd : Paper biz. to also drive growth hereafter - Motilal Oswal Paper biz. to also drive growth hereafter! Trident (TRID)’s Paper segment, which contributed 20%/55% to FY20 revenue/EBIT, is expected to post a better performance in the upcoming quarter. It would be supported by improving demand, led by the opening up of educational institutes and corporate offices and the start of a new academic year. TRID is yet to recover to preCOVID levels, particularly on the margin front – it is weighed by lower demand and prices. We interacted with th...
Trident Ltd : Paper biz. to also drive growth hereafter - Motilal Oswal
Trident Ltd : Paper biz. to also drive growth hereafter - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
3/03/2021 9:18:25 AM