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Bombay Dyeing drops after dismal Q3 results

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Bombay Dyeing & Manufacturing Company dropped 3.58% to Rs 79.35 at 11:45 IST on BSE after the company reported net loss to Rs 65.93 crore in Q3 December 2014, compared with net loss of Rs 93.15 crore in Q3 December 2013.

The Q3 result was announced after market hours yesterday, 4 February 2015.

Meanwhile, the BSE Sensex was up 103.90 points, or 0.36%, to 28,987.01.

On BSE, so far 4.42 lakh shares were traded in the counter, compared with an average volume of 6.5 lakh shares in the past one quarter.

The stock hit a high of Rs 81.25 and a low of Rs 78.30 so far during the day. The stock hit a 52-week high of Rs 87.55 on 9 June 2014. The stock hit a 52-week low of Rs 48.25 on 3 March 2014.

 

The stock had outperformed the market over the past one month till 4 February 2015, rising 21.48% compared with 3.57% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 21.48% as against Sensex's 3.67% rise.

The mid-cap stock has an equity capital of Rs 41.30 crore. Face value per share is Rs 2.

Bombay Dyeing & Manufacturing Company's total income from operations (net) rose 6.66% to Rs 515.49 crore in Q3 December 2014 over Q3 December 2013.

Bombay Dyeing & Manufacturing Company offers stylish linens, towels, home furnishings, leisure clothing, kids wear and a whole blissful range of other products are now available across 350+ exclusive Bombay Dyeing retail or 2000+ multi-brand stores.

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First Published: Feb 05 2015 | 11:48 AM IST

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