Trident share price target 2023, 2025, and 2030

Trident is a company that manufactures, trades and sells Yarn, Terry Towels & Bed sheets, and Paper & Chemicals. Trident Company was incorporated in 1990. Trident also has a very strong customer base in its segment. Geographically its revenue earnings are as follows

India: 32%
USA: 44%
Rest of World:24%

The company has 7 business segments which are

  1. Bed
  2. Bath
  3. Paper
  4. Yarn
  5. Chemicals
  6. Energy
  7. FMCG

Trident share price target 2023

The company has consistently increased its profits over the last decade. The top line and the bottom line have really performed extraordinarily well over the years.

Trident’s share price target for 2023 is 64

Trident share price target 2025

Trident has also entered into the power sector business. In 1999, the company had an initial production capacity of 9.4 MWat but the current production capacity is 50MW. The company is also ISO Certified and the company has Cogen 1 equipped with 9.4 MW TG of ABB along with 50 TPH power boiler of IJT at 63 kg /cm2 pressure capacity.

Trident’s share price target for 2025 is 70

Trident share price target 2030

Trident has a very vast manufacturing facility. The company has 3 manufacturing facilities in Punjab and Madhya Pradesh and it has 589,248 spindles, 7,464 rotors, 320 Air jets, 672 looms (terry towel), and 500 looms (bed sheet).

Trident also manufactures paper products and chemicals. The company has a paper manufacturing capacity of 1.75 Lac MTPA and a chemical manufacturing capacity for sulphuric acid of 113,150 MTPA

Trident’s share price target for 2030 is 124

Conclusion

In conclusion, the company has a very good diversified business segment. Trident has a very good board of directors and a passionate CEO on the board. Trident is one of the fastest-growing companies in the textile sector. The Indian Textile sector is growing at a CAGR of 10-12% to reach $350 bn by 2030.

Trident share price target 2025

Trident share price target 2025 is 70

Trident share price target 2030

Trident share price target 2030 is 70

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