LIC Stock will be in focus today as Company registered a 2.5 per cent year-on-year increase in its standalone net profit to Rs 13,762.6 crore for the quarter ended March 31.
The rally sparked after the company informed the exchanges that the company enhanced its existing capacity of the yarn business at the Budhni unit in Madhya Pradesh. The disclosure was made on December 29.
Trident stock rises 4% as firm receives patent from Europe
Trident share price stands higher than 5, 20, 50, 100 and 200-day moving averages. Trident stock price has risen 2.65% in the last 2 days of consecutive gains
BusinessToday.In | January 15, 2021 | Updated 16:05 IST
Stock price of Trident has risen 0.35% in one week, 49% in one month, 48% year-to-date
Trident shares rose 4% higher on Friday after the company said it had received a patent for terry fabric weave and resulting terry fabric from the European Patent Office.
Following the news, Trident stock opened with a gain at Rs 14.50 and later touched an intraday high of Rs 14.95, rising 3.9% on BSE against the last close of Rs 14.38, also its intraday low.