Mumbai, 5 March 2026 (Nifty Share Price News Desk) – Shares of Trident Limited, one of India’s leading textile and terry product companies, fell today, Wednesday (4 March), yet the market appears stable on Thursday morning. On the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), Trident’s shares were trading at around ₹23.80 at 11:40 am. After a week of volatility, these shares have caught investors’ attention. In this article, we review the company’s total debt, returns given to investors, order book status, and expert target price details, along with the latest updates from NSE and BSE.
Latest updates on NSE and BSE: 5 March 2026
Trident Limited shares (NSE code: TRIDENT; BSE code: 521064) showed a slight dip in the morning session of today’s trading. On NSE, the share opened at ₹23.80, with a daily range of ₹23.50 to ₹24.30. According to BSE market depth, at 11 am, the buy-sell price was seen at ₹23.77 to ₹23.83, with purchase volumes ranging from 374 to 11,750 shares. The previous day (4 March), the share closed at ₹23.58, down 3.52% from the previous close of ₹24.44. The yearly range was ₹23.11 to ₹34.62, with an average daily volume of 9.8 million shares. Experts say these market changes are due to the ups and downs in global textile demand and raw material prices.
The company’s market cap today is around ₹12,015 crore, with more than 2,500 crore shareholders. Today’s trading volume reached up to 70 lakh shares, showing the interest of investors.
Trident Limited: Total Debt and Returns Given to Investors
Although Trident Limited’s financial position has remained stable, there has been positive progress in debt management. The company’s net debt was ₹815 crore as of 31 December 2025, down ₹32 crore from ₹847 crore in September 2025. This debt mainly comes from long-term borrowings, which total ₹1,862 crore. The company’s debt-to-equity ratio remained around 0.40, which is better compared to other companies in the textile sector.
The company has given investors a return on equity (ROE) of 9.60%, which remained stable in the last quarter. However, while long-term investors have seen the share price rise by more than 30%, short-term returns appear to be slipping. According to the quarterly report, in Q3FY26, the PE ratio is 31.95, and the company has reinvested in the business. These numbers could be attractive to investors in the long run, especially against the background of cyclical recovery in the textile sector.
Trident Limited’s order book: status as of 5 March 2026
Trident’s order book has remained strong, which is important for the company’s future revenue growth. According to the latest Q3FY26 report (up to 31 December 2025), the company has more than ₹2,500 crore worth of orders for terry towels, yarn, and sheets, mainly from customers in Europe and the US. By March 2026, this order book had increased by 10%, and with new deals (like a ₹500 crore deal with a US retail chain), the total value reached ₹2,750 crore. This order book fills up to 80% of the company’s production capacity, which is expected to boost revenue in the coming quarters. However, due to global trade tensions, some orders may face delays.
Trident share price: target price from experts and top brokerage firms
Dalal Street and Indian analysts have a positive outlook for Trident. The average 12-month target price is ₹33 to ₹35, with a maximum estimate of ₹38.86 and a minimum of ₹33.00. Major brokerage firms like Alpha Spread and Investing.com have given an average target price of ₹33.66, showing a 40% increase over the current price. According to Trendline and SharesPrediction.com, the target for 2026 could reach ₹35 to ₹40, based on revenue stability and reduced debt.
According to the report by Orunodoi and Fintel, the company’s fundamentals are strong so they recommended ‘buy’. However, due to market volatility, short-term investors are advised to be cautious.
Conclusion: Future opportunities and risks
Trident Limited’s shares are likely to stabilise after today’s decline, especially due to a strong order book and lower debt. Investors should maintain a long-term perspective and consider global market factors. More clarity will come in the next quarterly report (May 2026). This update is not investment advice but general market information. For more details, refer to official sources.
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