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Friday, 21 April 2017

Bombay Dyeing and Manufacturing Company Limited's stock is buzzing on the bourses in Friday’s trading session.

The stock has attracted a whopping trading volume of 1,15,74,557 shares in the past one hour. The traded value of the shares as of 13:47 hours on NSE stands at Rs 102.99 Cr.

The stock touched its fresh 52-week high of Rs 91.9 per share, up by Rs 7.15 per share or around 8%. It has given 227% returns in past one year, 178% returns in past six months and 70% returns on a YTD basis. Three years back, the stock used to trade above Rs 100 per share. The investors in the market are confused if the stock can show the historical trend again.

Recently, the company has launched a new line of bath linen products under the brand ‘Aspero Denim’ which is priced in the range of Rs 299 to Rs 2099.

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