Trident rises on reporting 12,061 metric tons of paper production in November

Trident is currently trading at Rs. 36.75, up by 0.50 points or 1.38% from its previous closing of Rs. 36.25 on the BSE.

The scrip opened at Rs. 36.40 and has touched a high and low of Rs. 37.10 and Rs. 36.30 respectively. So far 506048 shares were traded on the counter.

Trident Group
Trident Group

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 70.90 on 18-Jan-2022 and a 52 week low of Rs. 30.70 on 14-Nov-2022.

Last one week high and low of the scrip stood at Rs. 38.70 and Rs. 36.00 respectively. The current market cap of the company is Rs. 18727.64 crore.

The promoters holding in the company stood at 72.94%, while Institutions and Non-Institutions held 2.64% and 24.43% respectively.

Trident has reported 12,061 metric tons production of paper in November 2022. The company’s bath linen and yarn production stood at 4,533 metric tons and 8,242 metric tons, respectively, while bed linen production stood at 2.21 million metres during November.

The company’s chemicals production stood at 9,164 metric tons.

Trident is engaged in manufacturing, trading and selling of Textiles (Yarn, Terry Towels & Bedsheets) and Paper & Chemicals.

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