Trident Ltd’s Stock Price Up by More Than 3% Today
By Ankur Chandra | Updated at: Jun 11, 2025 04:53 PM IST
Mumbai, June 11, 2025 – Trident Ltd (NSE: TRIDENT) saw a boost in its share price on Wednesday, climbing 3.38% intraday to ₹32.42. The rise was supported by robust trading activity, with volumes nearing 2.94 crore shares and turnover exceeding ₹96 crore, signalling strong investor engagement in the textile sector leader.
Trident Ltd’s shares rose by 3.22% today, reaching ₹32.37 as of 10:49 AM IST on June 11. The stock opened at ₹31.64 and traded within a range of ₹31.47 to ₹33.14 during the session. With a market capitalization of ₹16.31 thousand crore and a P/E ratio of 44.34, Trident continues to attract investor attention. The company offers a dividend yield of 2.38%, with the latest quarterly dividend amounting to ₹0.19 per share. The 52-week price range stands between ₹23.11 and ₹41.78.
Key Price and Trading Figures (As of 11 June 2025, 10:31 IST)
| Metric | Value |
|---|---|
| Last Traded Price | ₹32.42 |
| Change (%) | +3.38% |
| VWAP | ₹32.60 |
| Day’s Range (Low–High) | ₹31.47 – ₹33.14 |
| 52-Week High (13-Jun-2024) | ₹41.78 |
| 52-Week Low (07-Apr-2025) | ₹23.11 |
| Market Cap | ₹16,521.09 Cr |
| Free Float Market Cap | ₹3,945.19 Cr |
| Annualised Volatility | 46.62% |
Volume and Order Book Insights
Despite positive price movement, selling pressure remains evident, as buy orders totaled 52.19 lakh shares while sell orders nearly doubled at 98.08 lakh shares. This suggests supply constraints at higher levels, although the stock trades comfortably within its permitted 20% price band ranging from ₹25.08 to ₹37.63.
Dividend Track Record and Corporate Actions
Trident has consistently rewarded shareholders with dividends.
| Ex-Date | Dividend Type | Dividend per Share |
|---|---|---|
| 27-May-2025 | Interim Dividend | ₹0.50 |
| 28-May-2024 | Interim Dividend | ₹0.36 |
| 01-Jun-2023 | Interim Dividend | ₹0.36 |
| 18-Aug-2022 | Interim Dividend | ₹0.36 |
| 28-Oct-2021 | Interim Dividend | ₹0.36 |
Trident also underwent a stock split on 13-Dec-2019, reducing face value from ₹10 to ₹1 per share.
Technical Overview
- Adjusted Price-to-Earnings (P/E) Ratio: 43.11
- Price Band Limit: 20%
- Impact Cost: 0.06
- Deliverable Quantity Percentage: 40.20%
Company Profile
Trident Ltd, trading on the NSE since February 21, 2001, is classified under the “Other Textile Products” sector and is part of the NIFTY 500 index. The company offers a diverse portfolio including yarn, home textiles, and paper products, distributed worldwide.
The recent uptick and trading momentum indicate revived optimism among investors, likely driven by positive market trends or expectations of favourable developments within the textile industry. However, investors should remain cautious given the stock’s elevated volatility and noticeable order book imbalance.
REF: https://www.nseindia.com/get-quotes/equity?symbol=TRIDENT
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