Trident rises as its group commissions New Solar Power Plant at Budhni
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Trident is currently trading at Rs. 35.75, up by 0.35 points or 0.99% from its previous closing of Rs. 35.40 on the BSE.
The scrip opened at Rs. 35.70 and has touched a high and low of Rs. 36.25 and Rs. 35.70 respectively. So far 568097 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. 33.05 on 21-Jun-2022.
Last one week high and low of the scrip stood at Rs. 36.25 and Rs. 34.25 respectively. The current market cap of the company is Rs. 18294.48 crore.
The promoters holding in the company stood at 72.94%, while Institutions and Non-Institutions held 3.22% and 23.84% respectively.
Trident Group has completed New Solar Power Project of 8.87 MWp at Budhni, Madhya Pradesh i.e. the commissioning of both the Phases comprising of 5.48 MWp Solar Power Plant (Phase I) and 3.39 MWp Solar Power Plant (Phase II), for captive use. Moving towards a greener planet, the Group aims to use renewable and clean energy for reducing carbon emission.
The power generated from this New 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.
