Trident shares rally over 7%; here is why the stock is on investors’ radar today

Over a month, Trident shares have gained over 7%, while year-to-date, they have lost almost 3%. Since January 27, 2025, that is, six months, Trident shares have gained 11.5%.

The company had touched its intraday high of ₹41.45 on July 31, 2024, while its 52-week low was hit on April 7, 2025, at ₹23.11 per share.

1. The company reported an 89.5% growth in its consolidated net profit to ₹140 crore for the first quarter ended June 30, from ₹73.5 crore a year earlier.

2. Its revenue from operations, however, declined 2% year-on-year (YoY) to ₹1,707 crore during the quarter as compared to ₹1,743 crore in Q1 FY25.

3. The firm’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased 29.5% to ₹292 crore in Q1 FY26 in contrast to ₹225 crore in the corresponding quarter of the previous fiscal year.

4. For the quarter under review, Trident’s margin expanded to 17% as against 13% in the same quarter of the previous fiscal year.

5. The company’s shares were also rallying following India-UK’s trade deal. India and the UK on Thursday signed a landmark trade deal to boost two-way trade by eliminating tariffs on cars, textiles, whisky, and a range of other products.

6. “This agreement is more than just an economic partnership; it is also a blueprint for shared prosperity,” Modi said in his media statement.

“On the one hand, it paves the way for enhanced market access in the UK for Indian textiles, footwear, gems and jewellery, seafood, and engineering goods. It will also unlock new opportunities for India’s agricultural produce and processed food industry. Above all, this agreement will be especially beneficial for India's youth, farmers, fishermen, and the MSME sector,” he said.

7. News agency PTI has reported that Bhagalpur silk, Pashmina shawls, Kolhapuri chappals, and Thanjavur dolls will now prominently appear on shelves in malls and shops across Britain following the India-UK free trade agreement.