BOMBAY DYEING Plunges by 11%; BSE 500 Index Down 0.6%
July 31, 2019 10:42 AM

BOMBAY DYEING share price has plunged 11% and is presently trading at Rs 77.

Meanwhile, the BSE 500 Index is at 14,237 (down 0.6%).

Among the top losers in the BSE 500 Index today are BOMBAY DYEING (down 11.2%) and COFFEE DAY ENTER. (down 20.0%).

TEJAS NETWORKS LTD (up 8.4%) and GUJARAT GAS (up 5.9%) are among the top gainers today.

Over the last one year, BOMBAY DYEING has moved down from Rs 253 to Rs 77, registering a loss of Rs 177 (down 69.8%)..

The BSE 500 has moved down from 15,264 to 14,237, loss of 1,027 points (down 6.7%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI POWER (up 107.4%), PROCTER & GAMBLE HEALTH (up 103.7%) and VINATI ORGANICS (up 91.4%).

What About the Benchmark Indices?

The BSE Sensex is at 37,350 (down 0.5%). The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 3.1%). The most traded stocks in the BSE Sensex are YES BANK and ICICI BANK.

In the meantime, NSE Nifty is at 11,073 (down 0.6%). YES BANK (up 3.1%) and HERO MOTOCORP (up 2.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,494 to 37,350, registering a gain of -144 points (up -0.8%).

BOMBAY DYEING Financial Update...

BOMBAY DYEING net profit declined 934.0% YoY to Rs 12 billion for the quarter ended March 2019, compared to a loss of Rs 1 billion a year ago. Net Sales rose 574.1% to Rs 27.9 billion during the period as against Rs 4.1 billion in January-March 2018.

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 1.1x.