Bombay Dyeing & Manufacturing Company jumped 6.27% to Rs 122 at 13:47 IST on BSE, with the stock extending recent strong gains.
Meanwhile, the S&P BSE Sensex was up 173.51 points, or 0.55% at 31,904. The S&P BSE Small-Cap index was up 171.60 points, or 1.07% at 16,163.23.
High volumes were witnessed on the counter. On the BSE, 32.23 lakh shares were traded on the counter so far as against the average daily volumes of 8.11 lakh shares in the past one quarter. The stock had hit a high of Rs 125.80 so far during the day, which is also its 52-week high. The stock hit a low of Rs 116.50 so far during the day. The stock had hit a 52-week low of Rs 41.20 on 22 November 2016.
The stock had outperformed the market over the past one month till 31 August 2017, advancing 37.49% compared with the Sensex's 2.41% fall. The scrip had also outperformed the market over the past one quarter gaining 60.45% as against the Sensex's 1.88% rise. The scrip had also outperformed the market over the past one year advancing 158.27% as against the Sensex's 11.52% rise.
The small-cap company has equity capital of Rs 41.31 crore. Face value per share is Rs 2.
Shares of Bombay Dyeing & Manufacturing Company spurted 65.43% in seven trading sessions to its current market price of Rs 122, from a close of Rs 73.75 on 22 August 2017.
Bombay Dyeing & Manufacturing Company's net loss of Rs 32.71 crore in Q1 June 2017, compared with net loss of Rs 43.58 crore in Q1 June 2016. Net sales rose 31% to Rs 592.43 crore in Q1 June 2017 over Q1 June 2016.
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Bombay Dyeing & Manufacturing Company is engaged in textile, polyester and real estate business segments.
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