CEAT Ltd, Sundram Fasteners Ltd, Gujarat Ambuja Exports Ltd, Varroc Engineering Ltd are among the other stocks to see a surge in volumes on NSE today, 09 December 2024.Trident Ltd registered volume of 1725.44 lakh shares by 14:14 IST on NSE, a 35.18 fold spurt over two-week average daily volume of 49.04 lakh shares. The stock rose 11.87% to Rs.38.55. Volumes stood at 34.02 lakh shares in the last session.CEAT Ltd witnessed volume of 33.05 lakh shares by 14:14 IST on NSE, a 34.45 times surge over two-week average daily volume of 95952 shares. The stock increased 13.37% to Rs.3,509.70. Volumes stood at 60228 shares in the last session.Sundram Fasteners Ltd witnessed volume of 9.29 lakh shares by 14:14 IST on NSE, a 19.86 times surge over two-week average daily volume of 46791 shares. The stock increased 4.35% to Rs.1,181.55. Volumes stood at 37236 shares in the last session.Gujarat Ambuja Exports Ltd recorded volume of 87.48 lakh shares by 14:14 IST on NSE, a 12.26 times surge over two-week average daily volume of 7.14 lakh shares. The stock gained 7.23% to Rs.140.07. Volumes stood at 5.34 lakh shares in the last session.Varroc Engineering Ltd witnessed volume of 9.69 lakh shares by 14:14 IST on NSE, a 11.12 times surge over two-week average daily volume of 87073 shares. The stock increased 3.03% to Rs.533.00. Volumes stood at 96974 shares in the last session.Powered by Capital Market - Live

Net profit of Trident declined 8.29% to Rs 83.19 crore in the quarter ended September 2024 as against Rs 90.71 crore during the previous quarter ended September 2023. Sales declined 4.71% to Rs 1712.94 crore in the quarter ended September 2024 as against Rs 1797.52 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1712.941797.52 -5 OPM %13.2113.37 - PBDT191.26219.68 -13 PBT99.07130.29 -24 NP83.1990.71 -8 Powered by Capital Market - Live

Trident has appointed Avneesh Barua, as Chief Financial Officer and Key Managerial Person (CFO & KMP) of the Company with effect from 06 November 2024. Powered by Capital Market - Live

Trident will hold a meeting of the Board of Directors of the Company on 6 November 2024.Powered by Capital Market - Live

The company has incorporated Trident Group Enterprises by subscription of 1,000 ordinary shares at face value of $1 aggregating to Rs $1,000. The new entity is engaged in textiles, treasury, investment, financing & other business activities. The object of incorporation of arm is to diversify and expand the current business operations in global market, explore the future business opportunities and carry out treasury, investment & financing activities. Trident 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. Trident is a vertically integrated textile (Yarn, Bath & Bed Linen) and Paper (Wheat Straw-based) manufacturer. The textile producer's consolidated net profit declined 21.1% to Rs 73.73 crore in Q4 FY24 as against Rs 93.40 crore in Q1 FY24. Net sales rose 16.7% YoY to Rs 1,742.71 crore in June 2024 quarter. Shares of Trident added 0.38% close at Rs 36.65 on Friday, 13 September 2024. Powered by Capital Market - Live

Trident has received reaffirmation in credit ratings from CRISIL as under: Total bank loan facilities rated - Rs 4,000 crore Long Term Rating -CRISIL AA/Stable (Reaffirmed) Short Term Rating - CRISIL A1+ (Reaffirmed) Commercial paper (Rs 150 crore) - CRISIL A1+ (Reaffirmed)Powered by Capital Market - Live

Net profit of Trident declined 21.06% to Rs 73.73 crore in the quarter ended June 2024 as against Rs 93.40 crore during the previous quarter ended June 2023. Sales rose 16.67% to Rs 1742.71 crore in the quarter ended June 2024 as against Rs 1493.71 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1742.711493.71 17 OPM %12.9315.49 - PBDT193.68210.67 -8 PBT101.99121.91 -16 NP73.7393.40 -21 Powered by Capital Market - Live