TRIDENT - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.2
| Stock Code | TRIDENT | Market Cap | 13,382 Cr. | Current Price | 26.3 ₹ | High / Low | 34.6 ₹ |
| Stock P/E | 33.0 | Book Value | 9.04 ₹ | Dividend Yield | 1.90 % | ROCE | 9.45 % |
| ROE | 8.18 % | Face Value | 1.00 ₹ | DMA 50 | 25.4 ₹ | DMA 200 | 27.1 ₹ |
| Chg in FII Hold | -0.09 % | Chg in DII Hold | 0.03 % | PAT Qtr | 42.3 Cr. | PAT Prev Qtr | 92.4 Cr. |
| RSI | 58.6 | MACD | 0.40 | Volume | 74,18,165 | Avg Vol 1Wk | 67,08,504 |
| Low price | 22.0 ₹ | High price | 34.6 ₹ | PEG Ratio | -1.40 | Debt to equity | 0.34 |
| 52w Index | 33.9 % | Qtr Profit Var | -45.8 % | EPS | 0.80 ₹ | Industry PE | 19.2 |
Analysis: Trident shows weak profitability metrics with ROE (8.18%) and ROCE (9.45%) below desirable levels. The PEG ratio is negative (-1.40), reflecting poor earnings growth prospects. Although the dividend yield (1.90%) is decent and debt-to-equity ratio (0.34) is manageable, the sharp decline in quarterly profits (-45.8%) raises concerns. Technical indicators (RSI 58.6, MACD slightly positive) suggest mild bullish momentum, but the stock remains below its 200 DMA (27.1 ₹), indicating medium-term weakness. Overall, Trident is a risky swing trade candidate.
Optimal Entry Price: Around 25–26 ₹ (near 50 DMA support).
Exit Strategy if Holding: Consider exiting near 30–31 ₹ resistance zone unless strong momentum builds.
✅ Positive
- Dividend yield of 1.90% provides some income support.
- Low debt-to-equity ratio (0.34), showing financial stability.
- Volumes above average, indicating short-term trading interest.
⚠️ Limitation
- Low ROE (8.18%) and ROCE (9.45%).
- Negative PEG ratio (-1.40) signals poor growth prospects.
- Stock trading below 200 DMA (27.1 ₹), showing medium-term weakness.
📉 Company Negative News
- Quarterly PAT dropped sharply from 92.4 Cr. to 42.3 Cr. (-45.8%).
- Slight decline in FII holdings (-0.09%).
📈 Company Positive News
- DII holdings increased slightly (+0.03%).
- EPS at 0.80 ₹, though modest, remains positive.
- Stable dividend payout supports investor sentiment.
🏭 Industry
- Industry PE at 19.2 highlights Trident’s premium valuation (P/E 33.0).
- Textile sector faces cyclical demand pressures.
- Peers trade at lower multiples, making Trident relatively expensive.
📝 Conclusion
Trident is a weak swing trade candidate due to declining profits and poor growth metrics. Entry near 25–26 ₹ may offer a short-term opportunity, but risk is high. Exit near 30–31 ₹ is advisable if holding, as fundamentals do not support sustained upside.