Company Profile

TRIDENT LTD.

NSE : TRIDENTBSE : 521064ISIN CODE : INE064C01022Industry : Textile - SpinningHouse : Trident
BSE6.87-0.01 (-0.15 % )
PREV CLOSE (Rs.) 6.88
OPEN PRICE (Rs.) 6.81
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1531536
TODAY'S LOW / HIGH (Rs.)6.81 6.95
52 WK LOW / HIGH (Rs.)3.05 8.45
NSE6.85 0 (0 % )
PREV CLOSE(Rs.) 6.85
OPEN PRICE (Rs.) 6.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 6.85 (131 )
VOLUME 6149163
TODAY'S LOW / HIGH(Rs.) 6.85 6.95
52 WK LOW / HIGH (Rs.)3.05 8.4

Company News

Date Heading Details
04-Jul-2020 Trident informs about impact of the COVID-19 pandemic <p align="justify">Pursuant to Regulation 30 of Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/84 dated May 20, 2020 and with reference to its earlier relevant disclosures on the subject, Trident has informed that it has enclosed a brief details relating to the impact of the COVID-19 pandemic and the resultant lockdown, on the operations of the Company and its current status.</p><p align="justify">The above information is a part of company's filings submitted to BSE.<br></p>
27-Jun-2020 Trident informs about loss of share certificate <p align="justify">Trident has informed about the Company has received request for issuance of duplicate share certificate in lieu of the share certificate reported lost. The duplicate share certificate shall be issued upon completion of all the applicable formalities. The details of the lost share certificate of sona shah with folio number 122360&nbsp; is enclosed.<br></p><p align="justify">The above information is a part of company's filings submitted to BSE.<br></p>
19-Jun-2020 Reliance Industries, IRB Infrastructure Developers and HCL Technologies to see some action today <p align="justify">Public Investment Fund (PIF), sovereign wealth fund&nbsp; of&nbsp; Saudi&nbsp; Arabia, is going to invest Rs 11,367 crore in Jio Platforms, a wholly-owned subsidiary of <strong>Reliance Industries</strong>, at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. The investment will translate into a 2.32% equity stake in Jio Platforms on a fully diluted basis. With this investment, Jio Platforms has raised Rs 115,693.95 crore from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG and L Catterton, since April 2020. With the addition of PIF's investment, Jio Platforms has established partnerships with a marquee set of global financial investors, who will contribute to establishing the Digital Society vision for India. </p><p align="justify">IRB MP Expressway, a special purpose vehicle (SPV) of <strong>IRB Infrastructure Developers</strong>, has successfully achieved Financial Closure for its first and India's largest toll-operate-transfer (TOT) project-Mumbai Pune Expressway. As a commitment towards the fee obligations in Concession Agreement, the Company has made the payment of first tranche of Rs 6,500 crore as upfront sub-concession fee to the Maharashtra State Road Development Corporation. </p><p align="justify"><strong>HCL Technologies</strong> (HCL) has released Unica V12.1. Unica takes Precision Marketing at Scale to the next level by effortlessly scaling to the billions of personalized interactions required by the largest organizations with the most complex data infrastructures. V12.1 is the culmination of more than two years of research, development, and investment in the Unica platform to power the next generation of customer journeys and goal-based marketing. Unica V12.1 will be generally available in July 2020.</p><p align="justify">Meghmani Finechem (MFL), a material subsidiary of <strong>Meghmani Organics</strong> (MOL), has taken another step to invest for new project of forward integration, a Chlorinated Poly Vinyl Chloride (CPVC Resin) of 30,000 MT. The Project will set up in existing Chlor Alkali and Derivatives Complex at Dahej for proximity to key raw material like Chlorine and to leverage existing infrastructure facilities.</p><p align="justify"><strong>Trident</strong> has raised Rs 500 Million through issue of Commercial Papers. The date of allotment is June 18, 2020 while, Maturity date is August 27, 2020. The Commercial Paper is being listed on Bombay Stock Exchange (BSE).</p><p align="justify"><strong>Indian Acrylics</strong> has resumed production at both of its plants of Acrylic Fibre and Acrylic Yarn. The capacity utilization of the plant is improving in the month of June as compared to May on account of improved sales. The company has expect that production and sales level will further improve in next two months and will reach 80% of pre Covid level.</p><p align="justify"><strong>DJ Mediaprint &amp; Logistics</strong> has secured an order for Printing of Club Members Stationery for the Membership Year 2018-19 covering 25 branches from LIC of India, Divisional Office, Madurai. This opens up Southern Markets as an opportunity for growth for the company.<br></p>
19-Jun-2020 Trident gains on raising Rs 500 million through Commercial Papers <div align="justify">Trident is currently trading at Rs. 6.82, up by 0.05 points or 0.74% from its previous closing of Rs. 6.77 on the BSE.<br><br></div><div align="justify">The scrip opened at Rs. 6.80 and has touched a high and low of Rs. 6.85 and Rs. 6.77 respectively. So far 796227 shares were traded on the counter.<br><br></div><div align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 8.45 on 16-Dec-2019 and a 52 week low of Rs. 3.05 on 24-Mar-2020.<br><br></div><div align="justify">Last one week high and low of the scrip stood at Rs. 7.10 and Rs. 6.50 respectively. The current market cap of the company is Rs. 3480.54 crore.<br><br></div><div align="justify">The promoters holding in the company stood at 71.06%, while Institutions and Non-Institutions held 3.02% and 25.91% respectively.<br><br></div><div align="justify">Trident has raised Rs 500 Million through issue of Commercial Papers. The date of allotment is June 18, 2020 while, Maturity date is August 27, 2020. The Commercial Paper is being listed on Bombay Stock Exchange (BSE).<br><br></div><div align="justify">Trident is one of the largest exporters of Home Textile products from India. The company exports to more than 100 countries across 6 continents.<br><br></div>
18-Jun-2020 Trident raises Rs 500 Million through Commercial Papers <div align="justify">Trident has raised Rs 500 Million through issue of Commercial Papers. The date of allotment is June 18, 2020 while, Maturity date is August 27, 2020. The Commercial Paper is being listed on Bombay Stock Exchange (BSE).<br><br></div><div align="justify">Trident is one of the largest exporters of Home Textile products from India. The company exports to more than 100 countries across 6 continents.<br><br></div>
17-Jun-2020 Maruti Suzuki, Wipro and HCL Technologies to see some action today <p align="justify"><strong>Maruti Suzuki India</strong> (MSIL) has collaborated with IndusInd Bank to arrange attractive finance schemes to help customers buy their favourite car. MSIL has been arranging consumer finance with finance partners to support progressive restart of business activities in the automobile industry. For addressing personal mobility needs of the customers in the wake of the current COVID-19 pandemic scenario, IndusInd Bank has offered a variety of finance options including low EMI scheme, step-up and balloon payment options and funding 100% on-road price for the vehicles. IndusInd Bank has a wide portfolio that can be customised for needs of salaried, self-employed, agriculturists and businessmen.</p><p align="justify">Wipro Gallagher Solutions (WGS), a <strong>Wipro</strong> company, has entered into partnership with DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services for the mortgage industry. The partnership will enable Wipro Gallagher Solutions to advance digital mortgage processes via a seamless integration to DocMagic services.</p><p align="justify"><strong>HCL Technologies</strong> (HCL) has commenced its operations in Sri Lanka. Marking its presence in the region, the company plans to create over 1,500 new local employment opportunities for both freshers and experienced professionals, within the first eighteen months of kick-starting its operations from its office in Colombo. A key part of HCL's business and development strategy in Sri Lanka will be to use local talent pool of Sri Lanka for global assignments.</p><p align="justify"><strong>Mahindra &amp; Mahindra</strong> (M&amp;M) has launched BSVI-compliant ambulance 'Supro' in two variants in the wake of coronavirus pandemic which has led to a rise in demand for such vehicles. Developed in-house on the company's popular Supro van platform, the vehicle is priced at Rs 6.94 lakh. The first batch of 12 ambulances, which is available in two variants LX and ZX, has been manufactured exclusively for the Maharashtra government to meet its requirements for ambulances in its fight against the COVID-19 pandemic.</p><p align="justify"><strong>Federal Bank</strong> is planning to raise funds either through rights issue, private placement, Preferential Issue, Further Public Offer( FPO), Qualified Institutions Placement (QIP), Global Depository Receipts (GDR), American Depository Receipts (ADR), Foreign Currency Convertible Bonds (FCCB) or through any other permissible mode or a combination thereof, and also for determination of issuance amount, as may be appropriate, subject to shareholders approval as applicable and regulatory, statutory approvals and requirements. A meeting of the Board of Directors of the Bank is scheduled to be held on June 19, 2020, to consider and approve the same.</p><p align="justify"><strong>Trident</strong> has been granted patent for ‘Pile Fabric and Methods For Manufacture Of The Same' by United States Patent Office. The present invention provides for a woven pile fabric comprising a plurality of warp yarns and plurality of weft yarn intersecting the plurality of warp yarns, two or more multi-ply pile yarn woven to form a plurality of pile loops wherein within each pile loop a first pile component yarn forms a first sub loop and the second pile component yarn forms a second sub loop such that multiple sub-loops are formed after weaving.</p><p align="justify"><strong>Zensar Technologies</strong> has strengthened its partnership with NetFlorist, a leading online gifting company from South Africa to enable it to diversify its business offerings during the current situation to now include essential grocery section. NetFlorist wanted its customers to have the option to buy essential items during the COVID-19 lockdown.<br></p>
17-Jun-2020 Trident inches up on getting patent for ‘Pile Fabric and Methods For Manufacture Of The Same' <p align="justify">Trident is currently trading at Rs. 6.79, up by 0.05 points or 0.74% from its previous closing of Rs. 6.74 on the BSE.</p><p align="justify">The scrip opened at Rs. 6.93 and has touched a high and low of Rs. 7.00 and Rs. 6.67 respectively. So far 97198 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 8.45 on 16-Dec-2019 and a 52 week low of Rs. 3.05 on 24-Mar-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 7.47 and Rs. 6.22 respectively. The current market cap of the company is Rs. 3434.67 crore.</p><p align="justify">The promoters holding in the company stood at 71.06%, while Institutions and Non-Institutions held 3.02% and 25.91% respectively.</p><p align="justify">Trident has been granted patent for ‘Pile Fabric and Methods For Manufacture Of The Same' by United States Patent Office. The present invention provides for a woven pile fabric comprising a plurality of warp yarns and plurality of weft yarn intersecting the plurality of warp yarns, two or more multi-ply pile yarn woven to form a plurality of pile loops wherein within each pile loop a first pile component yarn forms a first sub loop and the second pile component yarn forms a second sub loop such that multiple sub-loops are formed after weaving.</p><p align="justify">The grant of this patent provides further recognition of the quality of the innovation being carried out by the company.</p><p align="justify">Trident is the flagship company of Trident Group and the world's largest wheat straw based paper manufacturer.<br></p>
16-Jun-2020 Trident gets patent for ‘Pile Fabric and Methods For Manufacture Of The Same' <p align="justify">Trident has been granted patent for ‘Pile Fabric and Methods For Manufacture Of The Same' by United States Patent Office. The present invention provides for a woven pile fabric comprising a plurality of warp yarns and plurality of weft yarn intersecting the plurality of warp yarns, two or more multi-ply pile yarn woven to form a plurality of pile loops wherein within each pile loop a first pile component yarn forms a first sub loop and the second pile component yarn forms a second sub loop such that multiple sub-loops are formed after weaving.<p align="justify">The grant of this patent provides further recognition of the quality of the innovation being carried out by the company.<p align="justify">Trident is the flagship company of Trident Group and the world's largest wheat straw based paper manufacturer. </p>
11-Jun-2020 Trident reports 9,851 metric tons of paper production in May <P align=justify>Trident has reported 9,851 metric tons production of Paper in May, 2020. Further, chemicals production stood at 5,133 metric tons. The company's bath linen and yarn production stood at 2,125 metric tons and 4,386 metric tons, respectively, while bed linen production stood at 1.51 million metres during May.<P align=justify>Trident is one of the largest exporters of Home Textile products from India. The company exports to more than 100 countries across 6 continents.
04-Jun-2020 Trident shines on the bourses <p align="justify">Trident is currently trading at Rs. 7.48, up by 0.33 points or 4.62% from its previous closing of Rs. 7.15 on the BSE.<p align="justify">The scrip opened at Rs. 7.70 and has touched a high and low of Rs. 7.79 and Rs. 7.14 respectively. So far 9355446 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 8.45 on 16-Dec-2019 and a 52 week low of Rs. 3.05 on 24-Mar-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 7.79 and Rs. 4.50 respectively. The current market cap of the company is Rs. 3750.62 crore.<p align="justify">The promoters holding in the company stood at 71.06%, while Institutions and Non-Institutions held 3.02% and 25.91% respectively.<p align="justify">Trident has been granted patent for ‘Woven Fabric With Improved Comfort' by United States Patent Office. The present invention provides for a fabric composition, construction and crimp control process which affords enhanced comfort and performance by improving parameters such as thermal conductivity and moisture regulation along with other parameters such as dimensional stability, smoothness, drying properties and tensile strength.<p align="justify">The grant of this patent provides further recognition of the quality of the innovation being carried out by the company.<p align="justify">Trident is the flagship company of Trident Group and the world's largest wheat straw based paper manufacturer.<p align="justify">&nbsp;<p align="justify">&nbsp;</p>