India's Bombay Dyeing jumps to over 3-month high on fundraising plan

Bombay Dyeing And Mfg

20/09/2022 06:05

** Shares of home furnishings maker Bombay Dyeing and
Manufacturing Co  BDYN.NS  rise as much as 9.74% to 110.4
rupees, highest since June 10
    ** BDYN posts biggest intraday pct gain since Sept 5
    ** Co said after market close on Monday that it will
consider raising funds through a rights issue  urn:newsml:reuters.com:*:nFWN30O056
    ** More than 8.2 mln shares change hands by 0452 GMT, 3.4x
the 30-day avg of 2.4 mln shares
    ** Stock down 8.3% YTD, up to last close


 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com;))