Trident Ltd Shows Increased Stock Activity Amid Market Resilience in Garments Sector

Trident Ltd, a prominent player in the Garments & Apparels industry, has emerged as one of the most active stocks today, with a total traded volume of 38,518,912 shares and a traded value of approximately Rs 121.76 crores. The stock opened at Rs 31.05 and reached a day high of Rs 32.12 before settling at a last traded price of Rs 31.51.
Despite a slight increase of 0.28% in its one-day return, Trident's performance reflects a trend reversal, as it has experienced a decline following five consecutive days of gains. Notably, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong position in the market.

Investor participation has surged, with a delivery volume of 77.07 lakh shares on June 26, marking a significant increase of 251.48% compared to the 5-day average delivery volume. The stock's liquidity remains robust, accommodating trade sizes of Rs 0.82 crore based on 2% of the 5-day average traded value.

In summary, Trident Ltd continues to demonstrate notable activity and resilience in the garments sector, maintaining a solid market cap of Rs 16,144.34 crores.