The shares of one of the leading textile manufacturers in green after it receives an approval for one of its patents from the United States Patent & Trademark office. At 1:03 p.m the shares of Trident Limited were trading at Rs. 36.60 down 0.54 percent from its previous day close price of Rs. 36.80 and [...]
following an income tax raid conducted at multiple locations of the company. The shares of one of India’s largest yarn producers declined by 3 percent to Rs 36 a share on Tuesday after the Income tax department conducted raids on Group locations. At 3:25 p.m. on Tuesday, Trident Ltd shares were trading at Rs 36.10 [...]
A one of the leading players in home textile in India and a vertically integrated textile and paper manufacturer rose 3.6 percent to Rs 34 apiece after the company received a patent for fabric manufacturing. Trident Ltd shares were trading at Rs 33.35 a share on the NSE at 3:11 p.m., up Rs 0.55 or [...]
A price target is an analyst's forecast for a stock's future price, which the analyst believes stock at a reasonable price. Based on the company's past success as well as future objectives and strategy. A lower price target, on the other hand, may signal that the analyst expects the stock price to fall. The 3 [...]
The shares of Trident Ltd. fell as much as 9% during the first half of the trading session on Thursday, touching a low of Rs 32.10 apiece. The decline in share price comes on the back of weak results announced by the company for the quarter ending March 2023. The company reported a net profit [...]
Shares of Trident Ltd gained 8.05% on Tuesday’s early trades to reach an intraday high of ₹ 32.20 apiece after the company released a business update. Its shares were trading at 31.60, up 6.04% at 01:42 PM. Trident Ltd is the flagship company of the Trident group and is a leading manufacturer of yarn, bath [...]
Trident Limited, through a recent filing with BSE, provided an update regarding the company’s Employees Welfare Trust offloading equity shares in the company. As per data provided in the block deals section, the Trust sold 123,85,000 equity shares in Trident at a price of ₹25.75 per equity share which amounts to ₹31.89 crores. In the [...]
The shares of Trident Limited gained 8.80% on Tuesday’s early trades to reach an intraday high of ₹ 34.60 apiece. Its shares were trading at ₹ 34.15 apiece, up 7.39% at 12:22 PM on the National Stock Exchange (NSE). Trident’s revenue from operations decreased by 17.25% to ₹ 1641.44 crores in the October to December [...]
The Piotroski score is a score between zero and ten, used to determine the best value stocks, with nine being the best and zero being the worst. It uses nine parameters to determine the strength of a firm's financial position. These parameters include net income, operating cash flow, quality of earnings, return on assets, leverage, [...]
The shares of Trident Ltd opened at Rs 35.50 per share on Wednesday as against the previous close of Rs 39.75. In the past five days, the stock has dipped by 5.5%. So far this year in 2022, the stock has lost approximately 29%. The stock was trading at Rs 19.95 a piece a year [...]
