Trident Share in the last 2 months has been on a downward trajectory and looks all set to break the same. The accumulation phase looks like it has been completed. Expecting to touch the 39 and 43 levels in short term
Fundamental
Incorporated in 1990, Trident Ltd manufactures, trades, and sells Yarn, Terry Towels & Bed sheets, and Paper & Chemicals
Company has been maintaining a healthy dividend payout of 41.3%
Debtor days have improved from 26.5 to 15.9 days.
Company's working capital requirements have reduced from 72.6 days to 45.7 days
The company has delivered a poor sales growth of 6.79% over past five years.
Company might be capitalizing the interest cost
Since Last 1 year there has been slight increase in FII shareholding
Fundamental
Incorporated in 1990, Trident Ltd manufactures, trades, and sells Yarn, Terry Towels & Bed sheets, and Paper & Chemicals
Company has been maintaining a healthy dividend payout of 41.3%
Debtor days have improved from 26.5 to 15.9 days.
Company's working capital requirements have reduced from 72.6 days to 45.7 days
The company has delivered a poor sales growth of 6.79% over past five years.
Company might be capitalizing the interest cost
Since Last 1 year there has been slight increase in FII shareholding
Trade active:
Target Achieved. Trailing
Trade closed manually