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Bombay Dyeing gains on selling some machineries of Ranjangaon unit for Rs 36.25 crore

26 Dec 2016 Evaluate

Bombay Dyeing & Manufacturing Company is currently trading at Rs. 49.30, up by 0.65 points or 1.34% from its previous closing of Rs. 48.65 on the BSE.

The scrip opened at Rs. 49.00 and has touched a high and low of Rs. 49.60 and Rs. 48.55 respectively. So far 1,04,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 67.60 on 28-Dec-2015 and a 52 week low of Rs. 39.05 on 17-Feb-2016.

Last one week high and low of the scrip stood at Rs. 49.60 and Rs. 45.35 respectively. The current market cap of the company is Rs. 1,017.18 crore.

The promoters holding in the company stood at 53.67%, while Institutions and Non-Institutions held 10.81% and 35.50% respectively.

Bombay Dyeing & Manufacturing Company has sold some of the machineries of Ranjangaon unit situated at Pune in state of Maharashtra on December 23, 2016 at an aggregate value of Rs 36.25 crore. The company has taken this step pursuant to the approval of the board.

Earlier in September, the company had acquired 4.32% of equity share capital amounting 2,24,400 equity shares of Archway Investment Company (Archway) from minority shareholders. By this acquisition, Archway had become wholly owned subsidiary of the company.

Bombay Dyeing and Manufacturing Company is a holding company that 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).


Bombay Dyeing Mfg. Share Price

113.15 -1.06 (-0.93%)
17-Apr-2026 16:59 View Price Chart
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