Trident touches roof on reporting 12,987 metric tons of paper production in April
Trident is currently trading at its upper circuit limit of Rs. 51.10, up by 2.40 points or 4.93% from its previous closing of Rs. 48.70 on the BSE.
The scrip opened at Rs. 48.60 and has touched a high and low of Rs. 51.10 and Rs. 48.60 respectively. So far 461738 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. 15.65 on 01-Jun-2021.
Last one week high and low of the scrip stood at Rs. 52.35 and Rs. 48.00 respectively. The current market cap of the company is Rs. 26040.33 crore.
The promoters holding in the company stood at 72.94%, while Institutions and Non-Institutions held 5.01% and 22.04% respectively.
Trident has reported 12,987 metric tons production of paper in April, 2022. The company’s bath linen and yarn production stood at 3,080 metric tons and 9,163 metric tons, respectively, while bed linen production stood at 2.89 million metres during April. The company’s chemicals production stood at 8,792 metric tons.
Trident is engaged in manufacturing, trading and selling of Textiles (Yarn, Terry Towels & Bedsheets) and Paper & Chemicals.