Mumbai News, 28 February 2026: Trident Limited (NSE: TRIDENT), a leading textile and garments company, has investors keeping an eye on its share price even as the stock market is closed today, on Saturday. Yesterday, on 27 February 2026, Trident’s share on NSE closed at ₹25.51, showing a decline of -0.43% compared to the previous closing price of ₹25.62. The open price was ₹25.62, high ₹25.62, low ₹25.35, and the volume was 2.961 million shares. The company’s total market cap stands at ₹12,999.78 crore, with a free float market cap of ₹3,176.66 crore.
A similar trend is seen on the BSE as well, although specific data is not available, the share’s performance has remained weak according to NSE figures. The 52-week high is ₹34.62 (21 May 2025), and the low is ₹23.11 (7 April 2025), so the current price is close to the annual low. The recent drop in the company’s shares is due to challenges in the textile sector, including reduced exports and the impact of US tariffs.
Target price by Wall Street experts and top brokers
Experts and top brokers on Dalal Street are showing a positive outlook for Trident Shares, even though the current price is low. According to one analyst’s estimate, the 12-month average target price is ₹33.00, with a high of ₹33 and a low of ₹33, showing a +29.01% upside from the current price. According to another source, Wall Street analysts’ average 1-year target is ₹33.66, with a low of ₹33.33 and a high of ₹34.65.
On TradingView and other platforms, the target is also around ₹33.00, which is based on the company’s fundamental strength. However, some estimates for 2026 are limited to ₹26 to ₹30, considering the current financial challenges. According to Moneycontrol and Trendline, the analyst rating is ‘Buy’, with a 100% buy recommendation. Experts on Dalal Street suggest that investors should have a long-term perspective, as the company’s P/E ratio is 32.31 while the sector P/E is 28.60.
Other news about Trident Limited
Trident Limited recently announced its Q3/9M FY26 results, showing a 44% drop in profits, mainly due to reduced exports because of US tariffs. Revenue fell by 6%, and bed sheet sales dropped by a third. The company is setting up a domestic subsidiary to boost overseas sales, especially in the US, following recent trade agreements.
MarketsMojo has given the company a ‘Strong Sell’ rating due to weak technicals and financial trends. The share price closed at ₹25.89 on 25 February, down 2.60%. Technical indicators like MACD are bearish, and RSI is neutral.
On 24 February, BSE asked for an explanation about the volume increase, to which the company replied that there is no undisclosed price-sensitive information. The company also announced an ESG rating update, with S&P Global updating the CSA and ESG scores.
On 9 February, the board meeting approved the unaudited financial results, where Q3 revenue was ₹1,595 crore and 9M PAT was ₹275 crore. The company’s net debt is ₹815 crore.
Trident Limited has a strong position in the textile sector, even though there are current challenges. Investors should keep an eye on market volatility and expert advice.
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