Bombay Dyeing breaches upper circuit

India Infoline News Service | Mumbai | October 06, 2017 13:20 IST

The share of Bombay Dyeing and Manufacturing Company opened with a positive bias and breached upper circuit at Rs 214.80 per share during Friday’s trade.

Bombay Dyeing
The share of Bombay Dyeing and Manufacturing Company opened with a positive bias and breached upper circuit at Rs 214.80 per share during Friday’s trade.
 
The stock was trading up by 4.99% at Rs 214.80 per share on BSE at 1233 hours. It opened at Rs 213.70 per share. The stock has attracted a total traded volume of 16,44,700 shares and traded value of Rs 3,498.61 lakh on NSE at 1233 hours.
 
Shares of Bombay Dyeing rose by around 47% in the one-month trading sessions to its current market price of Rs 214.80 per share, from a close of Rs 146.1 on September 09, 2017.
 
The company’s standalone revenue for the Q1FY18 came in at Rs 622.9 crore, registering 30.8% yoy increase. This was primarily driven by 137% yoy increase in revenues from the real estate segment. Company’s net loss narrowed to Rs 32.7 crore versus Rs 43.6 crore in Q1FY17.
  
 The Bombay Dyeing and Manufacturing Company is engaged in finishing of cotton and blended cotton textiles; manufacturing of bedding, quilts, pillows and sleeping bags; real estate activities, and manufacturing of polyester Staple Fiber (PSF).

***Note: This is a NSE Chart

Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.

 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.