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).
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