Trident Tools is currently trading at Rs. 16.85, up by 0.80 points or 4.98% from its previous closing of Rs. 16.05 on the BSE.
The scrip opened at Rs. 16.85 and has touched a high and low of Rs. 16.85 and Rs. 16.85 respectively. So far 5555 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 27.00 on 21-Nov-2012 and a 52 week low of Rs. 11.73 on 26-Jun-2012.
Last one week high and low of the scrip stood at Rs. 16.85 and Rs. 16.05 respectively. The current market cap of the company is Rs. 9.94 crore.
The promoters holding in the company stood at 56.59% while Non-Institutions held 43.41% stake in the company.
Trident Tools has successfully launched Mini Hole Saws. This product has been fully conceived, designed and developed in-house by the company’s Research & Development (R&D) team for which company owns a Patent on its Design (No. 2450404).
After being the First Manufacturer of Bimetal Hole Saws in India the company now has launched this unique product through which it aims to capture a larger market share. Trial runs in selected markets are completed and the feedback received by the company has been extremely positive. The company has now launched this product on a national scale and will gradually go in for select markets globally.
Trident Tools was incorporated with the main objective of manufacturing quality cutting tools such as tool bits, hacksaw and bandsaw blades. It has since gradually evolved into manufacturing a wide range of hand tools and power tool accessories, as well.
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