Bombay Dyeing and Manufacturing Company witnessed a rise in share price on Monday after the company has sold some of the machineries of Ranjangaon unit situated at Pune in state of Maharashtra on December 23, 2016 at an aggregate value of Rs 362.5 million. The company has taken this step pursuant to the approval of the board.

Shares of Bombay Dyeing and Manufacturing Company are trading at Rs 49.75, up Rs 1.1, or 2.26% at the Bombay Stock Exchange (BSE) on Monday at 9:59 a.m.

The scrip has touched an intra-day high of Rs 49.80 and low of Rs 48.55. The total volume of shares traded at the BSE is 140,534.

Total volume of shares traded on the bourses today was lower by 46.91% to 526,847 compared with 22-day average volume of 992,439.