NSE: TRIDENT · 3 November 2026
- Trident has risen 13.65% over 2 trading sessions; today's move is +8.33%.
- Trident's Board of Directors approved a ₹4,650 crore capacity expansion and modernization project across multiple segments. This includes adding 99,840 spindles and modernizing older machinery at Budhni, setting up a new 199,680-spindle yarn facility at Dhar, expanding sheeting capacity with 336 looms, enhancing paper manufacturing by 28 TPD, and establishing a 60 MW hybrid renewable energy project.
- Trading volume was 75.88 times the 20-day average daily volume.
Trident share price: 13.65% rise over 2 trading sessions
Trident Ltd. shares advanced 8.33% today, settling at ₹24.06 after opening at ₹23.08 and moving within an intraday range of ₹22.65 to ₹25.19.
The broader market and sector also experienced positive momentum during the session, with the Nifty rising 1.58% and the Nifty Auto sector benchmark gaining 1.71%. Trident's sharp price appreciation outpaced these broader benchmarks, supported by strong short-term price momentum that includes a 12.12% return over the past 5 trading days and a 10.16% return over the past 20 trading days.
The upward price action coincided with the company's announcement of a major capacity expansion and modernization project approved by its Board of Directors on November 2, 2026. The ₹4,650 crore investment spans multiple business segments, including yarn manufacturing additions in Budhni and Dhar, sheeting expansion, paper capacity enhancement, and a 60 MW hybrid renewable energy project, providing a concrete operational backdrop that may have influenced market sentiment.
27.16 crore shares traded by 3 November 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 35.79 lakh shares (75.88 times). The five-day average daily volume was 40.52 lakh shares. Separately, the NSE report for 2 November 2026 showed 21.96 lakh shares delivered, representing 37.67% of that day’s traded volume. The same report recorded 21,626 trades.
The stock's sharp 8.33% gain and heavy trading volumes coincided directly with the company's announcement of a major ₹4,650 crore capital expenditure and modernization program, supported by positive short-term momentum.
Latest Company Developments
Trident's Board of Directors approved a ₹4,650 crore capacity expansion and modernization project across multiple segments. This includes adding 99,840 spindles and modernizing older machinery at Budhni, setting up a new 199,680-spindle yarn facility at Dhar, expanding sheeting capacity with 336 looms, enhancing paper manufacturing by 28 TPD, and establishing a 60 MW hybrid renewable energy project.
This extensive capital expenditure plan highlights management's long-term growth and sustainability strategy across key manufacturing verticals.
The company submitted its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, reviewed by statutory auditors S.R. Batliboi & Co. LLP. Standalone revenue from operations stood at ₹17,169.9 million for the September 2026 quarter compared to ₹17,851.7 million in the corresponding period of the previous year.
Quarterly financial filings provide essential baseline data for evaluating revenue trends, cost structures, and profitability margins.
Trident informed the stock exchanges that Niche Ninety Nine Capability and Certifications (OPC) Private Limited independently reviewed its ESG performance based on publicly available data, assigning an ESG rating of 65.88. The company clarified that it did not formally engage the agency for this rating.
Independent sustainability assessments offer additional visibility into the company's environmental, social, and governance practices.
Trident Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – ESG Ratings
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 0.17% on 30 September 2026. This compares with 0.17% on 30 June 2026, a change of +0.00 percentage points.
The filing reported 21 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Execution milestones and capital allocation timelines for the ₹4,650 crore expansion projects
- Quarterly revenue and margin trends following the September 2026 financial results
- Sustained delivery percentage and volume trends relative to the 20-day average volume
- Progress on the 60 MW Hybrid Renewable Energy Project aimed at improving energy efficiency
Other Dated Coverage
More Trident news and dated analysis →
Frequently Asked Questions
What is the latest Trident company news?
Trident's Board of Directors approved a ₹4,650 crore capacity expansion and modernization project across multiple segments. This includes adding 99,840 spindles and modernizing older machinery at Budhni, setting up a new 199,680-spindle yarn facility at Dhar, expanding sheeting capacity with 336 looms, enhancing paper manufacturing by 28 TPD, and establishing a 60 MW hybrid renewable energy project.
How strong was Trident’s trading volume?
27.16 crore shares traded, 75.88 times the 20-day average daily volume. The price and volume data are dated 3 November 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.