InvestorQ : I hav purchased shares of Bombay dyeing 4 yrs back .@84 now the price has reached shall I hold or sell
Amit Agarwal made post

I hav purchased shares of Bombay dyeing 4 yrs back .@84 now the price has reached shall I hold or sell

Answer
image
Tisha Malhotra answered.
1 month ago
Follow

I am not sure what was the reason for buying Bombay Dyeing about four years back. For example, the company is predominantly into textiles and real estate development. In the last quarter results, it is evident that both the sectors are not really doing too well. I am not sure of the merit of holding on to the stock for a very long period, at least there is little fundamental justification.

There are better choices available in the market. For example, if you are looking to really play the real estate story, then stocks like DLF or Prestige Estates make a lot more of a better value story than Bombay Dyeing.

1 Views