India's Trident jumps most in nearly 3 weeks

Trident

05/06/2023 08:56

** Shares of Trident Ltd  TRIE.NS  rise as much as 6.8% to
34.5 rupees, their biggest intraday pct jump since May 16
    ** Textiles and chemicals maker's stock seen above 200-day
simple moving average (SMA) price of 33.94 rupees
    ** Stock set for best day since May 16, if gains hold
    ** Over 24 mln shares change hands by 1:23 p.m. IST, 2.4x
the 30-day avg volume
    ** At current levels, stock trims YTD losses to 0.7%

 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))