Why Trident Share Is Falling?

Why Trident Share Is Falling?

Trident share price slipped on Monday after the firm reported a 91.7 per cent fall in consolidated net profit. The stock fell 7.23% intra day to Rs 5.90 against previous close of Rs 6.36. ... Net profit fell to Rs 10.11 crore for June quarter due to disruptions caused by COVID-19.

Is it good to invest in Trident?

Quality Earnings: TRIDENT has high quality earnings. Growing Profit Margin: TRIDENT's current net profit margins (10.8%) are higher than last year (4.9%).

What is the future of Trident share?

As on 4th Nov 2021 TRIDENT Share Price closed @ 39.70 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 18.28 & Strong Buy for SHORT-TERM with Stoploss of 29.37 we also expect STOCK to react on Following IMPORTANT LEVELS.

Marcus Vance
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Marcus Vance

Marcus Vance is a cybersecurity auditor and technology writer dedicated to educating the public about online safety, data privacy regulations, enterprise security, and emerging cyber threats.