NSE: TRIDENT · 4 November 2026
- Trident has risen 12.85% over 3 trading sessions; today's move is +0.42%.
- Trident Limited announced that its Board of Directors approved a comprehensive capacity expansion and modernization project totaling ₹4,650 crore. The investments span additions in yarn manufacturing at Budhni and a new facility at Dhar in Madhya Pradesh, sheeting business expansion, paper manufacturing enhancement, and a 60 MW hybrid renewable energy project. These projects are scheduled for completion across various timelines extending up to September 2029.
- Trading volume was 1.46 times the 20-day average daily volume.
Trident share price: 12.85% rise over 3 trading sessions
Trident Ltd. shares inched higher on November 4, 2026, closing up 0.42% at ₹23.89 after fluctuating within a day's range of ₹23.52 and ₹24.32.
The broader market demonstrated positive momentum during the session, with the Nifty rising 0.63% and the Nifty Auto sector benchmark advancing 1.16%. Trident's modest gain sits against a backdrop of stronger recent performance, marked by a 5-day return of 12.27% and a 20-day return of 5.90%, showing sustained buying interest following its recent corporate announcements.
The ongoing market attention follows the company's recent announcements from November 2 and November 3, 2026, where the board approved a major ₹4,650 crore capacity expansion and modernization program across its yarn, sheeting, paper, and hybrid renewable energy segments. Concurrently, Trident reported its second-quarter financial results for FY27, posting a consolidated net profit of ₹176 crore—a 93% surge year-on-year—alongside a total income of ₹1,737 crore, providing foundational context for investor sentiment.
2.49 crore shares traded by 4 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 1.71 crore shares (1.46 times). The five-day average daily volume was 5.76 crore shares. Separately, the NSE report for 4 November 2026 showed 31.23 lakh shares delivered, representing 12.53% of that day’s traded volume. The same report recorded 46,319 trades.
The modest gain aligns with ongoing positive price discovery following Trident's board approval of a ₹4,650 crore expansion plan and strong Q2FY27 financial disclosures showing a 93% surge in net profit. Volume remained active above the 20-day average, indicating sustained investor interest.
Latest Company Developments
Trident Limited announced that its Board of Directors approved a comprehensive capacity expansion and modernization project totaling ₹4,650 crore. The investments span additions in yarn manufacturing at Budhni and a new facility at Dhar in Madhya Pradesh, sheeting business expansion, paper manufacturing enhancement, and a 60 MW hybrid renewable energy project. These projects are scheduled for completion across various timelines extending up to September 2029.
The massive capital expenditure underlines management's long-term growth strategy across its core textile, paper, and sustainable energy segments.
The company released its financial results for the quarter ended September 30, 2026, reporting a consolidated total income of ₹1,737 crore. Consolidated net profit jumped 93% year-on-year to ₹176 crore, supported by a 45% increase in EBITDA to ₹337 crore and an improved EBITDA margin of 19.37%. Net debt also saw a notable reduction, dropping to ₹722 crore as of September 30, 2026.
Substantial profit growth and debt reduction reinforce the company's operational efficiency and improving financial health.
a press release dated November 03, 2026, titled "Trident Limited announces Q2FY27 Results ".
Trident Shares Jump Over 11% As Q2 Profit Surges 93%, Company Unveils Rs 4,650 Crore Expansion Plan NDTV Profit
Trident shares jump 13% after Q2 results; profit jumps 93%, board clears ₹4,650 crore expansion plan | What lies ahead Livemint
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 progress and milestone timelines for the ₹4,650 crore expansion projects across Madhya Pradesh and Punjab.
- Sustained delivery volume relative to the 20-day average volume benchmark of 1.46x.
- Demand trends and revenue performance across the yarn, home textile, and paper segments in subsequent quarters.
- Debt reduction trajectory following the reported drop in net debt to ₹722 crore.
Other Dated Coverage
- Trident Share Price Jumps 13.42% Intraday, Closes 7.11% Higher | 3 November 2026 — 3 November 2026
- Trident Share Price Today: Why TRIDENT Is Rising 4.02% | 27 October 2026 — 27 October 2026
More Trident news and dated analysis →
Frequently Asked Questions
What is the latest Trident company news?
Trident Limited announced that its Board of Directors approved a comprehensive capacity expansion and modernization project totaling ₹4,650 crore. The investments span additions in yarn manufacturing at Budhni and a new facility at Dhar in Madhya Pradesh, sheeting business expansion, paper manufacturing enhancement, and a 60 MW hybrid renewable energy project. These projects are scheduled for completion across various timelines extending up to September 2029.
How strong was Trident’s trading volume?
2.49 crore shares traded, 1.46 times the 20-day average daily volume. The price and volume data are dated 4 November 2026 · 03:30 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.