Bombay Dyeing soars over 8% on new project launch

Shares of textile major Bombay Dyeing traded with strong gains Monday on reports that the company has increased the pace of real estate development in Mumbai.The Wadia Group firm has reportedly launched 2.5 million square feet of projects in prime location space in Central Mumbai.  That is two and a half times the area it developed over the last six years put together.At 2.55 p.m., shares in the company traded 8 per cent higher at Rs...