Bombay Dyeing Shares Soars 18%

Massive Land Sale worth Rs. 5200 crores to Goisu Realty Boosts Share Prices.  Read More>>

Bombay Dyeing's Game-Changing Deal

Wadia Group owned, Bombay Dyeing surged to a 52-week high at Rs 168.50 post-board approval for a 22-acre land sale in Worli, Mumbai.

Debt Reduction in Sight

Bombay Dyeing may use the sale's proceeds to ease its Rs 3,969 crore debt, surpassing its market cap of Rs 2,900 crore.

Strategic Transformation Unfolds

Company shifts focus to realty business, fast-tracking projects like Island City Centre flats in Dadar.

Robust Gains for Bombay Dyeing

Pre-tax profit is expected to exceed Rs 4,300 crore, allowing debt clearance and interest savings.

Expanding Revenue Avenues

Bombay Dyeing explores joint ventures for a steady pipeline of income and sustained profitability.