Bombay Dyeing &amp; Manufacturing surges 20% as company board approves sale of land parcel for ₹5,200 crore

Bombay Dyeing &amp; Manufacturing shares surge 20% after company approves land sale in Mumbai's Worli area. Upon securing shareholders approval, Bombay Dyeing &amp; Manufacturing will receive a sum of ₹4,675 crore from the buyer as part of Phase I.

Bombay Dyeing & Manufacturing surges 20% as company board approves sale of land parcel for ₹5,200 crore

This 144-year-old company's stock doubled investor wealth in less than 4 months

The Bombay Dyeing and Manufacturing Company Limited, established on August 23, 1879, is engaged primarily in the business of real estate development, polyester staple fibre, and retail.

14 small-cap stocks surged 15-43% in the last week; Vinyl Chemicals India tops the list

Vinyl chemicals led the index gainers, gaining close to 43%. The stock closed at ₹551.55 apiece during Thursday's intraday trading, continuing a rally for the eighth consecutive trading session. Mangalam Organics was the second-top gainer in the BSE Small Cap index.

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Bombay Dyeing & Manufacturing surges 20% as company board approves sale of land parcel for ₹5,200 crore

markets

This 144-year-old company's stock doubled investor wealth in less than 4 months

markets

14 small-cap stocks surged 15-43% in the last week; Vinyl Chemicals India tops the list