Trident Ltd's application approved under PLI scheme for Textiles

The Ministry of Textiles ('MoT'), Government of India vide its press release on April 14, 2022 has announced approval of application filed by Trident Limited under the Production Linked Incentive ('PLI') Scheme for Textiles in India.

The PLI Scheme is aimed at making India a global manufacturing hub for textiles products and is also expected to enhance India's manufacturing capabilities and exports under 'Make in India' initiative.

Shares of Trident Limited was last trading in BSE at Rs. 54.85 as compared to the previous close of Rs. 55.05. The total number of shares traded during the day was 712078 in over 8259 trades.

The stock hit an intraday high of Rs. 55.50 and intraday low of 53.30. The net turnover during the day was Rs. 38926268.00.

Source : Equity Bulls

Keywords

Trident INE064C01022 PLIScheme Textiles Approval