Trident rises on completing Solar Power Project at Budhni
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Trident is currently trading at Rs. 38.10, up by 0.25 points or 0.66% from its previous closing of Rs. 37.85 on the BSE.
The scrip opened at Rs. 38.50 and has touched a high and low of Rs. 38.65 and Rs. 38.20 respectively. So far 95130 shares were traded on the counter.
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. 24.05 on 24-Sep-2021.
Last one week high and low of the scrip stood at Rs. 38.65 and Rs. 37.45 respectively. The current market cap of the company is Rs. 19288.19 crore.
The promoters holding in the company stood at 72.94%, while Institutions and Non-Institutions held 3.22% and 23.84% respectively.
Trident has completed Solar Power Project of 8.87 MWp at Budhni, Madhya Pradesh out of which commissioning of 5.48 MWp Solar Power Plant (Phase I) for captive use has been successfully completed and the remaining 3.39MWp Solar Power Plant (Phase II) is expected to be commissioned within next 15 days. Moving towards a greener planet, the company aims to use renewable and clean energy for reducing carbon emission. The power generated from this Solar Power Project shall be consumed captively in manufacturing facilities located at Budhni, Madhya Pradesh resulting in considerable savings for the company.
Trident is engaged in manufacturing, trading and selling of Textiles (Yarn, Terry Towels & Bedsheets) and Paper & Chemicals.
