India's Bombay Dyeing rises after robust Q4 profit

Bombay Dyeing And Mfg

03/05/2019 05:38

** Shares of Bombay Dyeing and Mfg Co Ltd  BDYN.NS  rise as
much as 12.22 pct to 135 rupees, their biggest pct gain since
March 12
    ** Co on Thursday posted https://www.bseindia.com/xml-data/corpfiling/AttachLive/90a16553-f1f8-4e63-a827-1afad04b5248.pdf
 March-qtr net profit of 12.53 bln rupees ($180.85 mln) vs 109.5
mln rupees, boosted by its by real estate unit 
    **  Co's revenue from the real estate segment was 23.54 bln
rupees, compared with 4.06 bln rupees a year ago
    ** Around 2.2 mln shares change hands by 0424 GMT, compared
with the 30-day average of about 2.2 mln shares
    ** Stock is trading at its highest level since April 18
    ** As of Thursday's close, the stock has risen 5.76 pct this
year

($1 = 69.2825 Indian rupees)

 ((harish.bhaskar.thomsonreuters.com@reuters.net))