A stocks becomes multibaggers when he gives returns several times are called multibagger .
Q1. What makes a Stock become multibagger ?
Ans. A stocks becomes a multibagger when it gets into the right line of business at the right time . As a result , the company is able to grow continuously for long period of time this is called a stock multibagger .
1 Lakh Invested in Trident Limited in November 2020 (Share Quantity - 12660 approx.) Becomes 7 Lakh Rupees in November 2021 . Thats why Trident Limited called a Multibagger Stock .
Trident limited , the flagship company of trident group , is leading manfacturer of Yarn, bath linen , wheat straw-based paper ,chemicals and capative power . Currently ,the company has manufacturing facilities in Barnala ( punjab ) and Budhni (madhya pradesh ) . Trident limited a part of USD 1 billion trident group is headquartered in Ludhiana Punjab . Established in the year 1990 the company has evolved as a global textile player under the visionary leadership of its founder Mr. Rajinder Gupta a first generation entrepreuner . The company has the State-of -art manufacturing facilities in baranala (punjab) and budhni (madhya pradesh ) . The company has Strong client tale in 100 countries across the globe . As on 31 march 2019 the company had two subsdiaries - Trident global corp limited and indian wholly owned subsidiary and Trident Europe limited the overseas wholly owned subsidiary . Trident global corp. Limited majorly serves as the Retail Arm of the company . The company has an agreement with Sagatex international UK for marketing and exporting its cotton production upto 50% .
Performance - Security information
(as of 26/11/21) -
Today's low - 55
Today's High - 57.55
52 week low - 7.75
52 week High - 57.55
Previous close - 54.85
Open - 55.90
Face value - 1 Rs.
Listing Date - 21/02/2000
Listed issued share - 5,09,59,55,670
ISIN no - INE06C1022
Industry - textiles
Surveillance - LT-ASM-STAGE 2
Sectoral index - Nifty 500 & sense 500
Upper circuit - 5 %
Fundamental -
Market cap - Rs. 27,415 cr
RoE - 9.59 %
P/E Ratio - 44.17
EPS - 1.24
P/B Ratio - 8.40
Dividend Yield - 0.98%
Industry P/E - 44.73
Book value - 6.53
Financials -
Revenue - ( values in Cr. )
2017 - 4674
2018 - 4571
2019 - 5248
2020 - 4727
2021 - 4530
Expenses - ( value in Cr. )
2017 - 4201
2018 - 4156
2019 - 4557
2020 - 4230
2021 - 4079
EBITA - ( values in Cr. )
2017 - 472
2018 - 415
2019 - 691
2020 - 496
2021 - 451
EBIT - ( values in Cr. )
2017 - 60
2018 - 11
2019 - 327
2020 - 163
2021 - 109
Profit Before Tax - ( values in Cr)
2017 - 438
2018 - 391
2019 - 550
2020 - 421
2021 - 398
Net profit - ( values in Cr)
2017 - 337
2018 - 266
2019 - 371
2020 - 339
2021 - 304
Financial Ratio
Operating profit margin
2017 - 10.12%
2018 - 9.08%
2019 - 13.18%
2020 - 10.51%
2021 - 9.97%
Net profit margin -
2017 - 7.21%
2018 - 5.82%
2019 - 7.08%
2020 - 7.19%
2021 - 6.72%
EPS -
2017 - 0.68
2018 - 0.53
2019 - 0.75
2020 - 0.68
2021 - 0.66
Dividend per Share
2017 - 0.15
2018 - 0.15
2019 - 0.30
2020 - 0.36
2021 - 0.36
Debt to Equity Ratio -
2017 - 1
2018 - 1.03
2019 - 0.82
2020 - 0.66
2021 - 0.47
Book value -
2017 - 5
2018 - 5
2019 - 5
2020 - 6
2021 - 6
Share holding patterns - As on September 21
Promoters - 73.02 % (increased)
Retail - 24.83%
Foreign Investors - 2.14 %
Mutual Fund - 0.01%
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1. Welspun india
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3. Along industries
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5. Indo count industries
6. Raymond
7. Jindal Worldwide
8. Arvind
9. Swan energy
10. Himatsingka Side
Sector - Textile Industry
About the Sector -
India's textile industry is one of the oldest industry in india . The textile industry closely related to Agriculture (for raw material such as cotton )
Market Size -
India's textile industry has around 4.5 crores employed workers including 35.22 lakh handloom workers across the country . The indian textile and apparel industry contributes around to 2% to the GDP , 12% to export earning and held 5 % of global trade in textile and apparel in 2018 -2019 . Between January and July 2021 , india exported textile products worth 1.77 lakh crores ( us$ 23.84 billion) which is 52.6 % more than the same period last year and 13.7% more than the pre- pandemic level of 2019 . Top 3 Textile largest producing countries are china , usa , india according to 2019 textile output in the global share
China - 52.2%
India - 6.9%
Usa - 5.3%
In india Bhilwara Is known as the 'Textile City ' . In india Cotton production is increased around 13% last year .