BOMBAY DYEING Surges by 11%; BSE 500 Index Up 0.5%
February 7, 2019 10:16 AM

BOMBAY DYEING share price has zoomed 11% and is presently trading at Rs 116.

Meanwhile, the BSE 500 Index is at 14,522 (up 0.5%).

Among the top Gainers in the BSE 500 Index today is BOMBAY DYEING (up 11.0%).

MINDTREE LTD and GE T&D INDIA are among the top losers today.

Over the last one year, BOMBAY DYEING has moved down from Rs 231 to Rs 116, registering a loss of Rs 115 (down 50.0%).

On the other hand, the BSE 500 has moved down from 14,542 to 14,522, loss of 20 points (down 0.2%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were VINATI ORG. (up 94.6%), V-MART RETAIL (up 84.8%) and BATA INDIA (up 76.1%).

What About the Benchmark Indices?

The BSE Sensex is at 37,146 (up 0.3%).

The top gainers among the BSE Sensex stocks today are BAJAJ AUTO (up 2.8%), TATA MOTORS (up 2.2%) and TATA MOTORS DVR (up 2.2%). Other gainers include SUN PHARMA (up 2.0%) and YES BANK (up 1.6%). The most traded stocks in the BSE Sensex are YES BANK and TATA MOTORS.

In the meantime, NSE Nifty is at 11,102 (up 0.2%). BAJAJ AUTO (up 3.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,196 to 37,146, registering a gain of 2,950 points (up 8.4%).

BOMBAY DYEING Financial Update...

BOMBAY DYEING net profit stood at Rs 2 billion for the quarter ended September 2018, compared to a profit of Rs 34 million a year ago. Net Sales rose 34.3% to Rs 8.3 billion during the period as against Rs 6.2 billion in July-September 2017.

For the year ended March 2018, BOMBAY DYEING reported 332.4% decrease in net profit to Rs 1.9 billion compared to net loss of Rs 808.0 million during FY17.

Revenue of the company grew 32.8% to Rs 27 billion during FY18.

The current Price to earnings ratio of BOMBAY DYEING, based on rolling 12 month earnings, stands at 14.3x.