In 2022, the TRIDENT share price was down by some 30% or more (as per November 2022 reports). Although the share price was marginally falling from previous days’ prices, gradually, the stock has seen somewhat of a lull in its value.
TRIDENT does pay dividends to its shareholders. It has paid regular final and interim dividends since 2011.
The dividend yield of TRIDENT is 1.43% (March 2022).
The main competitors of TRIDENT are Raymond, Page Industries, KPR Mills, Jindal Worldwide and Welspun India, among others. In terms of its market capitalization, TRIDENT may be able to offer good competition to its competitors, but in terms of its share price, TRIDENT falls short, with numbers in the lower two-digit category compared to competitors in the higher three-digit value categories.
The company’s debt-to-equity ratio is at 0.41 (March 2022).
The company’s revenue is at Rs. 6,941 crore and its net income is at Rs. 814.95 (March 2022).
TRIDENT Limited, formerly called Abhishek Industries, was formally incorporated in April 1990.