The stock jumped 8.57 per cent to Rs 47.50 on BSE.
At NSE, shares of the company soared 8.2 per cent to Rs 47.45.
Trident reported over two-fold increase in its standalone net profit to Rs 50.97 crore for the second quarter ended September 30, mainly on account of reduced expenses.
The Trident Group firm had posted a net profit of Rs 20.98 crore for the corresponding period of the previous fiscal, it had said in a filing to the BSE yesterday.
In a separate filing to the bourses, the company said its board has declared second interim dividend of Rs 0.30 per fully paid up equity share of Rs 10 each of the company for the financial year 2015-16.
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