Trident is currently trading at Rs. 10.10, up by 0.42 points or 4.34% from its previous closing of Rs. 9.68 on the BSE.
The scrip opened at Rs. 9.21 and has touched a high and low of Rs. 10.50 and Rs. 9.21 respectively. So far 32,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 10.95 on 21-May-2012 and a 52 week low of Rs. 6.90 on 25-Mar-2013.
Last one week high and low of the scrip stood at Rs. 10.77 and Rs. 8.50 respectively. The current market cap of the company is Rs. 313 crore.
The promoters holding in the company stood at 54.85% while Institutions and Non-Institutions held 2.57% and 42.59% respectively.
Trident has partnered with Accenture, a global management consulting, technology services and outsourcing Company, for upgrading to SAP ECC 6 version with the objective of having a fully integrated SAP system with enhanced features, advanced functionality, increased automation that will help the Company to be more productive. The improved efficiencies and processes offered will benefit financial, sales and marketing, human resources (HR) and supply chain elements of the business.
Trident is the flagship company of the Trident Group. It is one of the largest towel manufacturers of the world, one of the world's largest agro-based paper manufacturers and one of the largest yarn producers in India.