Trident Ltd. News and Updates

Name: Latest research reports of Trident Ltd. authored by Edelweiss and published by - Trendlyne research reports.
Item: Trident Ltd.
Rating: 5
Author: Edelweiss

Keep track of all breaking news on Trident Ltd. from all sources in a single place.

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Trident Ltd.

06 Nov 2017

29.32

4.30%

Trident Ltd. - Result Update Q2FY18

Buy: Trident Ltd.

Edelweiss

Trident Ltd. Q2FY18 reported sales at INR 1155cr which were flat y-o-y while EBITDA at INR 175cr de-grew by 18% from INR 213 Cr in Q2FY17 with margins falling from 18% in Q2FY17 to 15% in Q2FY18.

Trident Ltd. is trading above its 150 day SMA of 28.8

Trident Ltd.

22 Oct 2017

29.32

4.30%

Trident bets big on India market

Business Standard

Home furnishing major Trident expects Rs 150 crore in sales in FY18

Trident Ltd.'s price crossed above 100Day SMA today

Trident Ltd.

01 Sep 2017

29.32

4.30%

Initiating Coverage - Trident

Buy: Trident Ltd.

Axis Direct

Shift from yarn to value added products, Improving share of value added products to help the company strengthen its margins, Capex behind, asset sweating to enable gradual de-leveraging of balance sheet, BIG beneficiary of export competency of Indian textile industry

Trident Ltd.'s price crossed above 50Day SMA today

Trident Ltd.

17 Aug 2017

29.32

4.30%

Trident Ltd. - Result Update - 17 August 2017

Accumulate: Trident Ltd.

Way2Wealth

Trident Ltd. declared its Q1FY18 results recently. Net Revenues grew by 1.8% to `1168.4crs. in Q1. EBITDA for Q1 de-grew by 2.7% Y-O-Y basis to `229.7crs. Margins contracted by 90bps to 19.7% due to higher raw material cost and rupee appreciation. Domestic business also witnessed subdued growth due to GST rollout; however, it is expected to be positive...

Trident Ltd.'s price crossed above 50Day SMA today

Trident Ltd.

17 Aug 2017

29.32

4.30%

Trident Ltd - Result Update Q1FY18

Buy: Trident Ltd.

Edelweiss

Trident has delivered a revenue growth of 2% and a slight fall in margins. However PAT has improved 14% due to lower finance costs. This performane is inline with the management guidance of a...

Trident Ltd.'s price crossed above 100Day SMA today

Trident Ltd.

16 Aug 2017

29.32

4.30%

Result Review of Trident

Buy: Trident Ltd.

IDBI Capital

Trident's Q1FY18 EBITDA margin was better than our estimates; however, sales growth was slightly below forecast on lower than expected towel volumes. Trident's sales stood at Rs12,785 mn (-7.1% QoQ, + 3.7% YoY). Nevertheless, EBITDA margin was ~300 bps above our estimate at 21.8% (+209bps QoQ, -27 bps YoY) on stronger-than-expected margins in Paper business. Margin improvement was led by Paper & Chemicals division with EBIT margin of 35.6% (+1082bps QoQ, +718 bps QoQ) on lower raw material costs. However, plant utilization was lower at 83% (89% in FY17) due to weak demand....

Trident Ltd. is trading below its 50 day SMA of 29.6

Trident Ltd.

01 Aug 2017

29.32

4.30%

Trident (85.5)

Business Line

Investors with a short-term perspective can consider buying the stock of Trident at current levels. The stock has gained 3.4 per cent taking support from a key base level of 83 as well as its...

Trident Ltd.'s price crossed above 30Day SMA today

Today's Pick (Tamil): Trident

Business Line | 01 Aug 2017 1 more

Trident Ltd.

20 Jul 2017

29.32

4.30%

Trident Group textile brand turnover to exceed Rs 300 cr by 2020: Deepak Nanda, MD

Economic Times

Trident aspires to be amongst top three home textile brands in the country and offer affordable luxury' with brand turnover greater than Rs 300 cr, said MD Deepak Nanda.

Trident Ltd.'s price crossed above 30Day SMA today

Trident Ltd.

14 Jun 2017

29.32

4.30%

Trident Ltd: Robust Manufacturing Capacity; Focusing on Incr... (Jun 14, 2017)

Buy: Trident Ltd.

Karvy

Robust Manufacturing Capacity; Focusing on Increasing Asset Utilization: Stable revenue growth; however margins affected slightly - In Q4FY17, Trident recorded revenue of Rs. 12,683 Mn which is up by 13.0% QoQ. In FY17, the company reported a revenue growth of 27.4% YoY which is highest in thepast five consecutive years. During FY17, EBITDA improved by 23.5% however margins were affected by 59bps due to increase in raw material cost and Rupeeappreciation (which became a cause of concern for Indian exporters and remains a key headwind in margin growth). In Q4FY17, the company has witnessed an uptick in PAT of Rs. 997 Mn which grew by 26.8% on QoQ basis and on YoY basis it is 63.6%.

Trident Ltd. is trading above its 150 day SMA of 28.8

Is Trident Ltd. worth buying?

4241 Votes:

Buy 76.56%

Sell 8.96%

Hold 14.48%

27.06% Fall from 52W High

High volume today

Trident Ltd. News and Updates

Keep track of all breaking news on Trident Ltd. from all sources in a single place.