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…