The decline in the Indian stock market is still continuing. As soon as the market opened on November 21, the Sensex fell by more than 400 points. Nifty also saw a huge decline. But, the biggest devastation was seen in the shares of the Adani Group. The stock of Adani Energy Solutions and Adani Enterprises fell by up to 20 percent.

Apart from this, other stocks also witnessed a huge decline. Due to this decline, the group suffered a loss of about Rs 2 lakh crore. All this happened because Gautam Adani has been accused of bribery and fraud in the US Federal Court. However, even amidst this decline, there is one stock that stood like a rock. This stock has hit an upper circuit even today. Let us tell you about it in detail.

Which share is that

The name of the stock we are talking about is Trident Techlabs Ltd. Today this stock has hit an upper circuit of 5 percent and the share price has become Rs 941. This stock has been rising since October 29. But it also saw a decline on November 12 and 13. However, after this the stock again gained momentum and then hit an upper circuit. Let us tell you that in less than a year this stock has given amazing returns. Talking about January 1, 2024, on this day the price of one share was Rs 108.20. Whereas, today the price of this stock is Rs 941.

How are the fundamentals of the stock

Talking about the fundamentals of Trident Techlabs Ltd, its market cap is Rs 1,626 crore. The PE of the stock is 102 and ROCE is 29.5 percent. The book value of the share is Rs 29 and ROE is 28.3 percent. Talking about the face value of the share, the face value of Trident Tech Labs Ltd is Rs 10. At the same time, its 52 week high is Rs 998 and 52 week low is Rs 93.2.