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TRIDENT Share Price Target

Trident Ltd.
NSE: TRIDENT | BSE: 521064 | ISIN: INE064C01022 | Sector: Textiles

TRIDENT Rating

5/5 (5 Ratings)
TRIDENT Share Price *
6 +0.35 (6.19%)
* (quote may be delayed)

5 TRIDENT share price target reports by brokerages below. See what is analyst's view on TRIDENT share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.


You can also find TRIDENT share price target tomorrow or next week from TRIDENT discussion forum.

TRIDENT Share Price Forecast - Consensus
No. of reports in last year
5
No. of analysts
3
Average Consensus Forecast
80.90
Consensus Potential
92.95%

TRIDENT Share Price Target - Broker Reports - 2019

30-Sep-19
Price @ Call: 58.7
Target: 67.5
BUY
In order to provide backward integration support to the enhanced capacity utilization of home textiles division, the company is undertaking a brown field expansion in yarn segment at Budhani, MP at cost of Rs 1140 cr funded by a mix of debt (Rs 855 cr) and equity (Rs 285 cr). The new yarn plant is scheduled to commission in early 2021. Post expansion the plant will add approx. Rs 1170 cr of revenue to the existing topline of the company. The company reported improvement in its capacity utilization- bed linen reached 46% capacity utilization, bath linen at 56%, yarn at 99% forQ1FY20. Management expects capacity utilization to reach 60 %(+/- 5%) for bath linen and 75%(+/-5%) for bed linen by FY20. We maintain a BUY with a target price of Rs. 67.5.
... Read more

16-Sep-19
Price @ Call: 61
Target: 83
BUY
The company reported improvement in its capacity utilization- bed linen reached 46% capacity utilization, bath linen at 56%,yarn at 99% for Q1FY20. Management expects capacity utilization to reach 60 %(+/5%) for bath linen and 75%(+/-5%) for bed linen by FY20. We retain a BUY with a price target of Rs 83.
... Read more

20-May-19
Price @ Call: 63.66
Target: 90
BUY

20-May-19
Price @ Call: 63.66
Target: 83
BUY
The company reported improvement in its capacity utilization- bed linen reached 63% capacity utilization, bath linen at 49%,yarn at 98% for FY19. Management expects capacity utilization to reach 60 %(+/5%) for bath linen and 75%(+/-5%) for bed linen by FY20. We have introduced the estimates for FY21 and retain a BUY with a price target of Rs 83.
... Read more

15-May-19
Price @ Call: 64.45
Target: 81
BUY
The home textiles business outlook is reinforced by the consistently improving utilization in the bath and bed linen segments. We maintain our estimates for FY20/21 and value the stock at 8x FY21E EPS (in line with its one-year forward P/E over the last five years) to arrive at a target price of INR81 (+26% upside). Maintain Buy.
... Read more

17-Jan-19
Price @ Call: 70.65
Target: 90
BUY

17-Jan-19
Price @ Call: 70.65
Target: 94
BUY

TRIDENT Share Price Target - Broker Reports - 2018

23-Oct-18
Price @ Call: 64.42
Target: 86
BUY

22-Oct-18
Price @ Call: 64.25
Target: 83
BUY

22-Oct-18
Price @ Call: 64.25
Target: 81
BUY

10-Aug-18
Price @ Call: 62.29
Target: 81
BUY

10-Aug-18
Price @ Call: 63.25
Target: 82
BUY

9-Aug-18
Price @ Call: 63.6
Target: 82
BUY

13-Mar-18
Price @ Call: 67.9
Target: 95
BUY

TRIDENT Share Price Target - Broker Reports - 2017

16-Nov-17
Price @ Call: 86.69
Target: 108
BUY

23-Aug-17
Price @ Call: 82.35
Target: 114
BUY

19-May-17
Price @ Call: 83
Target: 115
BUY

30-Jan-17
Price @ Call: 67
Target: 80
BUY

TRIDENT Share Price Target - Broker Reports - 2016

23-May-16
Price @ Call: 49.05
Target: 60
BUY

  • TRIDENT - Share Price Target Potential

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    BrokerageTargetPotential
    Axis Direct67.591.63%
    Cholamandalam Securities9093.72%
    Motilal Oswal8193.02%
  • TRIDENT Share Price Target Today- Technical Pivot Points (Classic)

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    Upside Target 35.8
    Upside Target 25.75
    Upside Target 15.7
    Pivot5.65
    Downside Target 15.6
    Downside Target 25.55
    Downside Target 35.5
  • TRIDENT Share Price Target weekly- Technical Pivot Points (Classic)

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    Upside Target 36.38
    Upside Target 26.22
    Upside Target 15.93
    Pivot5.77
    Downside Target 15.48
    Downside Target 25.32
    Downside Target 35.03
  • TRIDENT Share Price Target monthly- Technical Pivot Points (Classic)

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    Upside Target 39.03
    Upside Target 28.42
    Upside Target 17.33
    Pivot6.72
    Downside Target 15.63
    Downside Target 25.02
    Downside Target 33.93
  • TRIDENT Share Price Target today- Technical Pivot Points (Fibonacci)

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    Upside Target 35.75
    Upside Target 25.71
    Upside Target 15.69
    Pivot5.65
    Downside Target 15.61
    Downside Target 25.59
    Downside Target 35.55
  • TRIDENT Share Price Target weekly- Technical Pivot Points (Fibonacci)

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    Upside Target 36.22
    Upside Target 26.04
    Upside Target 15.94
    Pivot5.77
    Downside Target 15.59
    Downside Target 25.49
    Downside Target 35.32
  • TRIDENT Share Price Target monthly- Technical Pivot Points (Fibonacci)

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    Upside Target 38.42
    Upside Target 27.77
    Upside Target 17.37
    Pivot6.72
    Downside Target 16.07
    Downside Target 25.67
    Downside Target 35.02
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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