Trident share price: Small-cap stock under ₹50 jumps 14%; do you own?

Small-cap stock Trident rallied over 14 per cent on Monday, December 9 amid strong trading volumes in the counter. The company’s shares rose following the announcement of a 3,000 crore investment plan by the company. 

Trident share price touched the day’s high of 39.26 on the BSE. At 2.25 pm, the stock was trading 10.92 per cent higher at 38.19, compared to the previous day’s close at 34.43.

On BSE, the total traded quantity was 83.43 lakhs, much higher than the two-week average of 6.23 lakh shares. Meanwhile, on NSE, 19.80 crore shares changed hands.

The small-cap stock priced below 50 hit its 52-week high of 52.85 on the BSE on January 9 while its 52-week low stands at 31.06, touched on November 11.

According…

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