Trident Soars Over 6% On Rating Upgrades

Posted By: Staff
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Shares of Trident, a diversified group of businesses headquartered in Ludhiana, rose over 6 per cent on the Bombay Stock Exchange after Credit Analysis & Research Ltd (CARE) and CRISIL upgraded the long-term and short term bank facilities of the company.

Trident Soars Over 6% On Rating Upgrades
Trident: Quotes, News
BSE 81.45BSE Quote0.3 (0.37%)
NSE 81.55NSE Quote0 (0.00%)
Boosted by rating upgrades, shares of company gained as much as 6.25 per cent in intra-day to trade at Rs 61.20 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of company rose 4.27 per cent to Rs 59.85 apiece on the National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 27,724.04, up 50.44 points, or 0.18 per cent, at 11:05 hours.

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