Promoters Made Trident Share Price Happy

Yesterday, the NSE trading window witnessed a block deal for the Trident Limited shares. The
shares changed hands from TAL Benefit Trust who sold 13,48,387 shares at Rs. 47.45 to
Trident group Ltd. who bought the shares at the same price. TAL benefit trust was the no
promoter shareholder of the company and previously held 2.86% stakes in the company and
the promoter Trident group held the highest 28.88% stakes as on June 2016.
Yesterday, Trident share price closed at Rs. 47.20 while it opened at Rs. 47.30. Currently, it is
trading at Rs. 47.35 with a marginal rise of 0.32%. So far, the intraday high has been Rs.
47.70 and the intraday low has been Rs. 47.15.
From among the 50.94 crores shares of Trident, Indian promoters hold 66.49% of stakes while
the institutional holding stands at 2.61%. The remaining 30.90% is held by the other noninstitutional bodies. Among the promoters, Trident group Limited holds the highest stake of

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28.88%, then comes Madhuraj foundation with 27.51% stakes, Trident Industrial Corp Ltd.
follows with 5,89% stakes and then stands Trident Capital Limited with 3.93% stakes.
Trident is among the multibagger stocks list of Dynamic Levels, and Trident share price has
been trading near its closest resistance level of Rs. 49.15. The closest support level for the
stock stands at Rs. 42.25. For more details on the resistance and support levels of Trident,
visit the Trident share price forecast page of Dynamic Levels website. For other details on the
stock, check Trident share price history page.

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Disclaimer
The investment advice or guidance provided by way of recommendations, reports or other ways
are solely the personal views of the research team. Users are advised to use the data for the
purpose of information and rely on their own judgment while making investment decision.
Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
Disclosure
Dynamic Equities Pvt. Ltd. is a member of NSE, BSE, MCX SX and a DP with NSDL & CDSL. It is also
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Answers to the Best of our knowledge and belief of Dynamic/ its Associates/ Research Analyst:
DYNAMIC/its Associates/ Research Analyst/ his Relative:

Do not have any financial interest / any actual/beneficial ownership in the subject
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making activity for the subject company

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