India's Trident soars on higher Q4 profit

Trident

21/05/2025 10:41

** Shares of textiles maker Trident Ltd TRIE.NS jump 11.6% to 32.9 rupees

** Co reports Q4 profit of 1.33 billion rupees, up more than 100% y/y, helped by higher demand for its towels

** TRIE was trading 0.8% lower before the results

** Stock set for biggest one-day pct gain since January 2024

** Stock turns YTD positive, up 0.6%

(Reporting by Nandan Mandayam in Bengaluru)

((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))