Small Business

Bombay Dyeing: Banking on realty

Surf"s up for Bombay Dyeing as its real estate projects and domestic textile demand take-off The textile manufacturer is back in the news with two more Central Mumbai real-estate projects launched in December 2009. The renewed interest in the stock is based on analyst observations that the company is seriously considering restructuring its loss-making polyester business which has been a weak link so far. The textile segment is also poised for a turnaround, according to analysts, as domestic demand has picked up although exports are still soft.


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