Nifty Share Price News Desk, Mumbai, 11 March 2026: The share price of Trident Limited (NSE: TRIDENT, BSE: 521064) was steady at around ₹23.24 on Wednesday, 11 March 2026, as the market opened on NSE. Compared to yesterday’s (10 March 2026) closing price, a positive trend was seen. The previous closing price on NSE was ₹23.30 (up 1.39%), with an intraday high of ₹23.58 and a low of ₹23.00. Similar levels were seen in BSE trading. The 52-week high was ₹34.62 (May 2025) and the low ₹22.67 (March 2026). Market cap is around ₹11,843 crore. Trading volume remained normal.
Trident Ltd.’s debt and order book status (up to 11 March 2026)
By the end of December 2025 quarter (Q3 FY26), the company’s net debt stood at ₹814.7 crore, down ₹32 crore from the previous quarter. Gross debt is around ₹1,617 crore. The debt-to-equity ratio is a strong 0.17. The company has been consistently focusing on reducing debt, with total borrowings at ₹1,605 crore by September 2025. Positive update on order book: In the home textiles segment, order book visibility has improved for the next six months. Management expects margin improvement through cost-cutting measures.
Trident share target price of top broking firms (till 11 March 2026)
According to analysts’ consensus, Trident Ltd.’s 12-month average target price is ₹33, which has a +42% upside potential. Platforms like Investing.com and Trendlyne maintain strong buy ratings. Brokers like JM Financial had previously set the target at ₹38, but some adjustments were made after the Q3 results. Even though one analyst (MarketsMojo) gave a strong sell rating, the overall sentiment supports buying.
Other news related to Trident Ltd (up to 11 March 2026)
- Q3 FY26 results: Revenue ₹1,595 crore (QoQ down 11.55%), net profit ₹44 crore (QoQ down 51%). But PAT up 5.4% over 9 months to ₹275 crore.
- Punjab announces a ₹2,000 crore expansion plan to boost jobs and production.
- Shares in the textile sector are under pressure as the benefits of the RoDTEP scheme have reduced by 50% (February 2026).
- BSE had asked for clarification on the volume increase in February 2026; the company said there was no price-sensitive information.
- SES ESG score received is 69.5 (2025).
Trident Ltd. is a leading company in home textiles, yarn and paper products. Even though there is short-term pressure due to market volatility and global tariff policies, the long-term outlook is positive as order visibility improves and debt decreases. Investors should make decisions based on broker research and market trends. (Check updated data after market close.)
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