Bengaluru, June 5 -- The shares of this company surged over 2 percent on Thursday after the company announced that one of its promoters had sold and another acquired a similar amount of shares. In this article, we will go into the details.

With a market capitalisation of Rs 3,222 crores, the shares of Bombay Dyeing & Manufacturing Company Ltd are currently trading at Rs 156 per share, down by 39 percent from its 52-week high of Rs 256.25 per share. Over the past five years, the stock has delivered a return of 130 percent.

On Thursday, the company reported in a stock exchange filing, The Bombay Bumrah Trading Corp Ltd., a promoter entity, decreased its stake by 2.71 percent, selling 56 lakh shares. Its holding decreased from 17.04 percen...