by Ritmbarah Arora
Trident: The share price of Trident rallied 18.7% to Rs 5.4 as of now. Around 10.2 million shares in volume have been traded so far. The stock price is up 27.1% since the last week and 18.7% since the last month.
Trident Group had announced on April 13, 2020 a new range of products across various categories in view of the requirements of medical workers and demand of the consumers post COVID-19. The Group has already started working towards post COVID-19 situation and utilizing the lockdown period to bring out innovative product profiles. Trident Ltd is listed in 26 screeners on Trendlyne.
Motherson Sumi Systems: The stock price of Motherson Sumi Systems surged 17.4% to Rs 74.2 while around 20 million shares in volume have been traded so far. The share price gained 31.4% since the past week and 16.1% since the last month, per Trendlyne data.
The board of the company has given in-principle approval to raise Rs 1,000 crore to enhance the liquidity during the uncertain times of coronavirus pandemic, per the statement of the company. The plants of the firm in India, Europe and Americas has received positive reopening dates for the vast majority of the plants by end of April/early May. Motherson Sumi Systems is listed in 41 screeners on Trendlyne.
IRB Infrastructure Developers: The shares of IRB Infrastructure Developers jumped 16% to Rs 76 as of this writing. Around 1.5 million shares in volume have been traded so far. The stock price increased 42.6% since the last week and 13.1% since the last month. The company is listed in 28 screeners on Trendlyne.
Rashtriya Chemicals & Fertilizers: The stock price of Rashtriya Chemicals & Fertilizers zoomed 15.2% to Rs 39.8. Around 6 million shares in volume have been traded so far. The share price is up 39% since the past week and 15.4% since the last month. The basic materials stocks have been trading high in the stock market today including Rashtriya Chemicals. The company is listed in 20 screeners on Trendlyne.
UPL: The shares of UPL rose 12.7% to Rs 366.3 while around 9 million shares in volume have been traded so far. The share price gained 13.2% since the last week and has fallen 10.9% since the last month.
The company announced on Tuesday, April 14 that all its factories around the world were in operation and it does not see ‘significant’ challenges in meeting customer demand. HSBC has maintained a ‘buy’ rating on the stock with cut target price to Rs 450 from Rs 680. UPL is listed in 34 screeners on Trendlyne.