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Bombay Dyeing Stock Surges 20% On Mumbai Land Sale Buzz, Block Deal | Business News Today | News9

Bombay Dyeing stock surged 20% in opening trade on September 14 after the company said it would sell its 22-acre Worli land parcel to the Japanese firm Sumitomo for Rs 5,200 crore. Another trigger for the massive rally was a 58.6 crore block deal where 35 lakh shares (1.7% equity) of the company changed hands. Independent market expert Ambareesh Baliga joins News9's Shweta Kothari and Suyash Maheshwari to discuss the run-up in the stock and the way forward for investors of Bombay Dyeing. .............................................................................................. News9 is India's first fully integrated English news brand across all digital platforms. It includes a publishing platform, viz. www.news9live.com, a future-ready OTT platform, News9 Plus, and a 24-Hour video streaming service on connected TVs and all social platforms. It's the English news brand that understands and fits perfectly into the digital-first lifestyles of our English news audiences. ► Watch us on YouTube :    / news9live   ► Like us on Facebook :   / news9live   ► Follow us on Instagram :   / news9live   ► Follow us on Twitter :   / news9tweets   #bombaydyeing #stocks #mumbai #nifty #marketstoday #sensex #stockmarket #businessnews #businessnewstoday