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Trident Realty will invest about Rs 3,000 crore to build a 200-acre luxury housing township at Panchkula in Haryana as part of expansion plan, its Chairman S K Narvar said. It has acquired this land parcel through insolvency process and invested around Rs 400 crore to settle the loans of financial institutions. It has also provided plots to around 450 stuck homebuyers in this project. The Delhi-based company has presence in Delhi-NCR, Mumbai Metropolitan Region (MMR) and is now making a foray into Chandigarh tri-city through this new project. "We have launched our new luxury residential project Trident Hills in Panchkula. This 200-acre land parcel is located in the foothills of the Shivaliks. We will be developing around 60 lakh square feet area in this township, including villas, group housing, independent floors and plots," Narvar told PTI. The project will be developed over the next 7-8 years. "We will be investing about Rs 3,000 crore to develop this township project," Narvar
Analysts expect that the inflated cotton prices will continue to haunt small-sized yarn spinners during the first half of FY23 (H1-FY23). However, a good monsoon season can paint a different story
The board of directors at a meeting held on Monday appointed Shib Sanker Mukherji, who was the vice chairman, as the new chairman of the company, EIH Associated Hotels said in a regulatory filing
CLOSING BELL: Ukrainian President Volodymyr Zelenskyy's reported statement that his country has cooled down on the question of a NATO membership calmed investor nerves
Trident is vertically integrated textile (yarn, bath & bed linen) and paper (wheat straw-based) manufacturer
CDSL and NBCC have doubled so far this year, while Trident and JK Lakshmi Cement have gained 91 per cent each during the same period
While the order for 450 PSAs has gone to Tata Advanced Systems, the remaining 50 will be put up by Trident Pneumatics
42 rooms in Hotel Trident, BKC and Hotel Inter Continental at Marine Drive requisitioned already, more facilities being identified
Hotel stocks are under pressure because the coronavirus outbreak could impact occupancies and, thus, drive down room tariffs
The stock is trading close to its 52-week high of Rs 75.60 touched on January 15, 2019 on the BSE.
Home furnishing major Trident expects Rs 150 crore in sales in FY18
The stock surged 10% to Rs 66.40, also its record high on the BSE on back of heavy volumes
The stock hit a 52-week high of Rs 63.40, up 6% after the company posted 59% growth in profit at Rs 80 crore in Q2.
The stock rallied 6% to Rs 61.20 on BSE in intra-day trade, extending its Friday's 6% gain on back of heavy volumes.