Bombay Dyeing and Manufacturing Company is locked in upper circuit for the third straight trading session, up 5% at Rs 161.05 on BSE.
The stock, trading at its fresh 52-week high, has gained more than double in past one month. It rallied 101% from Rs 80.20 on August 8, as compared to 1% decline in the S&P BSE Sensex.
Bombay Dyeing informed the bourses on Thursday that it has sold 48.457 acres of freehold land situated at district Pune, Maharashtra for Rs 13.57 crore.
The company’s net loss had narrowed to Rs 33 crore in June quarter
The stock, trading at its fresh 52-week high, has gained more than double in past one month. It rallied 101% from Rs 80.20 on August 8, as compared to 1% decline in the S&P BSE Sensex.
Bombay Dyeing informed the bourses on Thursday that it has sold 48.457 acres of freehold land situated at district Pune, Maharashtra for Rs 13.57 crore.
The company’s net loss had narrowed to Rs 33 crore in June quarter