Trident Limited up by 4.98%: Traders Market Update | Espresso

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Espresso shot of the day – Trident Ltd up by 4.98 percent

November 25, 2021
Espresso shot of the day – Trident Ltd up by 4.98 percent

TRIDENT LTD 54.85  (+4.98%) BSE – INE064C01022 | 25TH NOVEMBER 2021


It takes vision to grow into a billion-dollar company in just three decades. It takes persistence to make a mark on a global scale in a domain that embodies fierce competition. It takes creativity to design a range of products that are celebrated the world over. It takes foresight to build trailblazing infrastructure that can scale and support growth. It takes sensitivity to care for the community – its health, its education and its empowerment. Trident has what it takes.

Recent Drivers

  • On Nov 18, 2021, Trident Group’s in-house Brand Studio has been awarded ‘India’s Best In-House Design Studio’.
  • On Oct 26, 2021, Trident Group has reported Net Sales of Rs 1,662.57 crores in September 2021, up 41.93% from Rs. 1,171.44 crores in September 2020.
  • On Oct 26, 2021, the company has reported Net Profit of Rs. 228.80 crores in September 2021, up 128.25% from Rs. 100.24 crores in September 2020.
  • On Oct 26, 2021, the Company’s EBITDA stands at Rs. 412.92 crores in September 2021 up 81.94% from Rs. 226.95 crores in September 2020.
  • On Oct 8, 2021, Trident has launched its direct-to-consumer website, myTrident.com.
    (Sources: Business Standard, Economic Times, Moneycontrol)



Technical Force*

  • S&P BSE 500 month till date gain up by 0.69%
  • Traded on 52 Week High Value 54.85
  • 3 months avg. BSE volume: 65,04,174
  • Quantity traded: 34,27,077 | Deliverable quantity: 29,95,786 (87.42%)
  • Stock price jumped more than 580% from one-year low level: 7.75 (Nov 26, 2020)
  • Daily RSI (14) is in Overbought territory today
  • 52-week-high: 54.85 | 52-week-low: 7.75


Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

   19.95

15.21

12.54

7.80

5.13

0.39

-

    -

Fibonacci Pivot

15.21

   12.38

10.63

9.50

7.80

6.09

4.97

3.200

0.39


Today’s Close

54.85

SMA

BSE

10 DAY

45.20

20 DAY

42.25

50 DAY

35.88

200 DAY

21.46


Some Key Ratios (Source: BSE)

Market Cap: 27,951.32 crores

PE: 41.86

OPM%: 24.84

ROE%: 18.71

Promoters holding%: 73.02

Prev. Close: 52.25


Chart And Technical Force data taken from the Binge desktop app.

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.