In this article, you will find the details of Trident Share Price History. Additionally, we will provide important fundamental details about Trident Shares.
Trident Share Price History
| Year | Trident | YOY Change% |
|---|---|---|
| 2002 | ₹8.00 | – |
| 2003 | ₹22.30 | 178.7% |
| 2004 | ₹36.90 | 65.4% |
| 2005 | ₹29.15 | -21.1% |
| 2006 | ₹21.80 | -25.3% |
| 2007 | ₹39.00 | 78.8% |
| 2008 | ₹7.25 | -81.5% |
| 2009 | ₹1.47 | -79.8% |
| 2010 | ₹1.71 | 16.3% |
| 2011 | ₹0.98 | -42.7% |
| 2012 | ₹0.90 | -8.2% |
| 2013 | ₹1.82 | 102.2% |
| 2014 | ₹2.57 | 41.2% |
| 2015 | ₹5.78 | 124.9% |
| 2016 | ₹5.76 | -0.4% |
| 2017 | ₹8.94 | 55.2% |
| 2018 | ₹6.64 | -25.8% |
| 2019 | ₹6.70 | 0.9% |
| 2020 | ₹9.90 | 47.7% |
| 2021 | ₹53.35 | 438.8% |
| 2022 | ₹34.25 | -35.9% |
| 2023 | ₹35.15 | 2.6% |
Trident, a textile and paper manufacturing company, has seen quite a journey over the past two decades. In 2002, the company’s revenue was ₹8.00, marking the starting point of its recorded financial performance.
Over the years, Trident experienced fluctuations in its revenue, with substantial growth in some years, like 2003 and 2015, and significant declines in others. The most remarkable leap came in 2021, when the company’s revenue soared to ₹53.35, reflecting a staggering 438.8% year-on-year growth.
However, this exceptional spike was followed by a 35.9% decrease in 2022, bringing the revenue down to ₹34.25. In 2023, Trident’s revenue showed signs of recovery, increasing to ₹35.15, although it was still below the peak achieved in 2021.
These financial fluctuations mirror the challenges and opportunities Trident faces in a highly competitive and evolving market. It’s important to note that Trident’s revenue trajectory is influenced by various factors, including global economic conditions, shifts in consumer preferences, and the textile and paper industries’ dynamics.
Trident, like many businesses, has experienced ups and downs in its financial performance. With a history of significant growth and contraction, the company’s journey illustrates the resilience and adaptability required to thrive in a dynamic marketplace. It will be interesting to observe how Trident navigates future challenges and leverages opportunities to sustain its growth and make a meaningful impact in its industry.
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About Trident
Trident, a versatile textile and paper manufacturing company, has witnessed a rollercoaster in its financial performance over the past few decades. Starting with a revenue of ₹8.00 in 2002, the company has experienced remarkable growth and significant declines. In 2021, Trident achieved an astonishing 438.8% year-on-year growth, reaching a revenue of ₹53.35, reflecting a successful year for the company.
However, in 2022, the revenue experienced a sharp 35.9% drop, settling at ₹34.25. In 2023, Trident showed signs of recovery with a revenue of ₹35.15, though it had not fully bounced back to its 2021 peak.
The journey of Trident’s financial performance illustrates the challenges and opportunities businesses face in a competitive and ever-evolving market. It reflects the impact of various factors, such as global economic conditions, shifting consumer preferences, and the dynamics of the textile and paper industries.
Trident’s ability to adapt and innovate in response to these changing conditions will be a crucial factor in determining its future success and financial performance. The company’s history of growth and contraction showcases the resilience and flexibility required to thrive in today’s dynamic business landscape, and it will be interesting to see how Trident continues to navigate these challenges and seize new opportunities in the future.
Fundamentals of Trident
Here are some primary fundamental data about Trident (until 2023):
Market Capitalization: Trident, a leading textile and paper manufacturing company, currently boasts a market capitalization of ₹17,810 Cr. This figure represents the total market value of the company’s outstanding shares, reflecting its position in the stock market.
Current Price: Trident’s stock currently trades at ₹35.0 per share. This is the price at which investors can buy or sell the company’s shares in the stock market. It plays a crucial role in determining the company’s overall market capitalization.
High/Low: The 52-week high and low prices of Trident’s stock show the range within which its share price has fluctuated over the past year. The stock reached a high of ₹43.8 and a low of ₹25.0 during this period, indicating its price volatility.
Stock Price-to-Earnings (P/E) Ratio: Trident has a stock P/E ratio of 44.1, which measures its current stock price relative to its earnings per share (EPS). A higher P/E ratio suggests investors have higher expectations for the company’s future earnings growth.
Book Value: Trident’s book value per share is ₹8.23. This figure represents the company’s total net assets, which include tangible and intangible assets minus its total liabilities, divided by the number of outstanding shares. It provides insight into the company’s intrinsic value.
Dividend Yield: With a dividend yield of 1.04%, Trident returns a portion of its earnings to shareholders as dividends. This metric is essential for income-seeking investors as it indicates the annual return they can expect on their investments.
Return on Capital Employed (ROCE): Trident’s ROCE is 11.9%. ROCE measures the company’s efficiency in using its capital to generate profits. A higher ROCE typically reflects effective capital utilization.
Return on Equity (ROE): The company has an ROE of 11.0%. ROE measures how effectively Trident uses shareholder equity to generate profits, highlighting its financial performance and efficiency in delivering returns to investors.
Debt to Equity Ratio: Trident’s debt-to-equity ratio is relatively low at 0.34. This ratio demonstrates the company’s level of financial leverage. A lower ratio is less risky because it implies lower dependence on borrowed funds.
Promoter Holding: The company’s promoters currently hold a 73.2% stake in Trident. This high promoter holding indicates their strong interest in the company’s success and long-term growth.
Trident’s financial metrics provide valuable insights for investors, helping them assess the company’s financial health and potential as an investment.
(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your thorough research before making any investment.)
Questions and Answers about Trident
What was the Trident share price in 2002?
Trident share price in 2002 was ₹8.00.
What was the Trident share price in 2020?
Trident share price in 2020 was ₹9.90.
What was the Trident share price in 2023?
Trident share price in 2023 was ₹35.15.
What is Trident’s primary line of business?
Trident is a diversified company with interests in two main sectors: textiles and paper. In textiles, it focuses on the production of a wide range of home textile products, while in the paper sector, it is involved in the manufacturing of high-quality paper products.
What is the historical stock price range for Trident over the past year?
Trident’s stock has traded within a range of ₹25.0 (52-week low) to ₹43.8 (52-week high) over the past year. Understanding these price fluctuations can provide insights for potential investors.