Manas Jaiswal of manasjaiswal.com has a buy call on Bombay Dyeing Manufacturing Company Ltd.

with a target price of Rs 150.

The current market price of Bombay Dyeing Manufacturing Company Ltd.

is Rs 129.4.

Time period given by the analyst is Intra Day when Bombay Dyeing Manufacturing Company Ltd.

price can reach the defined target.

Manas Jaiswal recommended to keep stoploss at Rs 120.

Bombay Dyeing Manufacturing Company Ltd., incorporated in 1879, is a midcap company with a market cap of Rs 2672.56 crore. Bombay Dyeing Manufacturing Company Ltd.

key Products/Revenue Segments include Polyester Staple Fibres which contributed Rs 1502.81 Crore to Sales Value (55.80 % of Total Sales), Real Estate Development which contributed Rs 1110.18 Crore to Sales Value (41.22 % of Total Sales), Other Operating Revenue which contributed Rs 49.37 Crore to Sales Value (1.83 % of Total Sales), Lease Rentals which contributed Rs 30.39 Crore to Sales Value (1.12 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 31-12-2018, the company has reported a Standalone sales of Rs 413.32 Crore, down -50.36 % from last quarter Sales of Rs 832.62 Crore and down -33.33 % from last year same quarter Sales of Rs 619.93 Crore Company has reported net profit after tax of Rs -142.76 Crore in latest quarter.

The company’s top management includes Dr.(Mrs.)Minnie Bodhanwala, Mr.A K Hirjee, Mr.Jehangir N Wadia, Mr.Keki M Elavia, Mr.Ness N Wadia, Mr.Nusli N Wadia, Mr.R A Shah, Mr.S Ragothaman, Mr.Sunil S Lalbhai, Mr.V K Jairath, Mrs.Gauri Kirloskar.

Company has Bansi S.

Mehta Co.

as its auditoRs As on 31-12-2018, the company has a total of 206,534,900 shares outstanding.