Trident rises on incorporating Wholly Owned Subsidiary in Singapore
Trident is currently trading at Rs. 36.70, up by 0.05 points or 0.14% from its previous closing of Rs. 36.65 on the BSE.
The scrip opened at Rs. 36.86 and has touched a high and low of Rs. 36.92 and Rs. 36.65 respectively. So far 349949 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 52.85 on 09-Jan-2024 and a 52 week low of Rs. 32.40 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 37.33 and Rs. 36.28 respectively. The current market cap of the company is Rs. 18737.83 crore.
The promoters holding in the company stood at 73.19%, while Institutions and Non-Institutions held 2.69% and 24.12% respectively.
Trident has incorporated Overseas Wholly Owned Subsidiary (WOS) namely, Trident Group Enterprises in Singapore. The object is to diversify and expand the current business operations in global market, explore the future business opportunities and carry out treasury, investment & Financing activities.
Trident is engaged in manufacturing, trading and selling of Textiles (Yarn, Terry Towels & Bedsheets) and Paper & Chemicals.
