Trident Texofab Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
40.50% Fall from 52W High
-8.4
TTM PE Ratio
Above industry Median
23.9
Price to Book Ratio
Above industry Median
2.8
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is much higher than 1
8.8
RSI
RSI is mid-range
60.8
MFI
MFI strongly Overbought
91.4

Trident Texofab Ltd shareholding Pattern

Promoter
59.1%
Public
40.9%
Promoter
61.7%
Public
38.2%
Promoter
61.3%
Public
38.7%
Promoter
61.3%
Public
38.7%
Promoter
61.2%
Public
38.8%
Promoter
61.2%
Public
38.8%

Trident Texofab Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
11
Bearish Moving Averages
5
5Day EMA
43.20
10Day EMA
41.90
12Day EMA
41.80
20Day EMA
41.90
26Day EMA
42.30
50Day EMA
44.20
100Day EMA
48.00
200Day EMA
53.90
5Day SMA
42.90
10Day SMA
40.80
20Day SMA
40.30
30Day SMA
43.10
50Day SMA
44.70
100Day SMA
47.60
150Day SMA
52.80
200Day SMA
56.00
Delivery & Volume
Resistance & Support
45.28
Pivot
Resistance
First Resistance
46
Second Resistance
46.72
Third Resistance
47.44
Support
First Support
44.56
Second support
43.84
Third Support
43.12
Relative Strength Index
60.85
Money Flow Index
91.45
MACD
-0.54
MACD Signal
-1.47
Average True Range
3.06
Average Directional Index
18.54
Rate of Change (21)
-8.95
Rate of Change (125)
-28.50
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Morarjee Textiles Ltd.
-
-
-
Patspin India Ltd.
-
-
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Sumeet Industries Ltd.
47.26
1.9
5.25
Acrow India Ltd.
-
-
-
Kamadgiri Fashion Ltd.
-
-
-
Vandana Knitwear Ltd.
-
-
-
Trident Texofab Ltd.
-
-
-

Trident Texofab Ltd Company background

Founded in: 2008
Managing director: Hardik J Desai
Trident Texofab Limited was originally incorporated as a Private Limited Company with the name Trident Texofab Private Limited on September 05, 2008. Subsequently, the Company was converted into Public Limited Company and the name of the company was changed to Trident Texofab Limited on June 06, 2017.Trident Texofab operated as a textile trading Company dealing primarily in Home Furnishing products such as bedsheets, curtains, upholstery etcetera, along with other textile categories such as Scarfs, Pareos, Suiting, Shirting and others. ISO 9001, ISO 14001, ISO 18001, SA 8000, OekoTex, KHOLS, SADEX, CTPAT, WALMART, the Companys current pillow shells production capacity is 6,00,000 pillows per month.Initially, the Company operated as a textile trading Company dealing primarily in Home Furnishing products such as bedsheets, curtains, upholstery etcetera, along with other textile categories such as Scarfs, Pareos, Suiting, Shirting and others. The Companys steady growth in trading operations led it to go public through an IPO on BSE in 2017, after a decade of its incorporation.In September, 2017 the Company raised money from public through IOP of 11,76,000 Equity Shares with capital aggregating Rs 3.53 Crore. This decision was taken to catapult the operations of the Company to next level, and to also venture into manufacturing expansions in the textile industry. In 201819, the Company started Digital Printing Division, embroidery and stitching unit. It also installed and started Embroidery and Stitching machines. Further, the Company commenced the commercial production of Weaving Plant in Surat in April, 2019. It started its commercial production/ operations from the Shuttle Less Brand New Flexible Rapier Loom at the Manufacturing unit of the Company situated at Surat, Gujarat w.e.f 16.02.2021. The Company expanded its operations for manufacturing facility of Fabrics at its manufacturing unit located at Surat, Gujarat, leading to a capacity augmentation from 89 lakh meters per month to 2022 lakh meter per month w.e.f. 23.06.2021.At present, Trident Texofab is a semicomposite textile Company with interests in manufacturing and trading of Home Furnishing, Garments, Technical Textiles and a variety of Polyester and Polyblend Fabrics.
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