Bombay Dyeing Buy Call

Bombay DyeingStock analysts have strongly recommended Bombay Dyeing for trading in today’s session. It has performed brilliantly on yesterday, and gained 6.3 percent at Rs 764.40, in the end.

It is looking very strong, as the stock markets have made their closure on a cheerful note. There are also big hopes from this stock in today’s session. Today, it will surely touch Rs 785. If the stock price hits this target, the next target for the day will be Rs 805.

Interested investors can purchase this stock around Rs 758 with a stop loss at Rs 752.

Don’t worry, if the stock falls; it’s the time to buy the stock and make huge gains.

Bombay Dyeing is the flagship company of the Wadia Group that engaged mainly into the Textiles business. Its current chairman is Nusli Wadia.

Bombay Dyeing has been in news, apart from other things, for various controversies surrounding tussle with Dhirubhai Ambani of Reliance Industries Limited and with Calcutta based jutebaron Arun Bajoria.

The company sponsors many events, including Bombay Dyeing Gladrags Mrs. India contest.