Trident extends gain, surges 13% in two days; stock nears 52-week high

The stock is trading close to its 52-week high of Rs 75.60 touched on January 15, 2019 on the BSE.

Shares of Trident were up 5 per cent to Rs 74.50 on Tuesday, surging 13 per cent in past two days on the back of heavy volumes in an otherwise subdued market. The textile company's stock is trading close to its 52-week high of Rs 75.60, touched on January 15, 2019.

Till 09:45 am, a combined 1.35 million equity shares changed hands on the counter on the NSE and BSE. In comparison, the S&P BSE Sensex was down 0.15 per cent at 40,742 points.

While announcing the July-September quarter (Q2FY20) results on November 2, the Trident management had