Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

However, the appellate tribunal has clarified that the Corporate Insolvency Resolution Process (CIRP) proceedings shall be continued and the resolution professional will have to keep the company as going concern under the Insolvency & Bankruptcy Code (IBC).

NCLAT stays formation of CoC in Bombay Rayon Fashion insolvency case

The Mumbai bench of the National Company Law Tribunal (NCLT) admitted the plea filed by Vikash Parasprampuria of Chiranjilal Yarn Traders against the textile maker. Bombay Rayon, in a filing with stock exchanges, said Prashant Agrawal, a member of its suspended board, has decided to appeal the rulin…

Bankruptcy court admits Bombay Rayon Fashion for insolvency resolution

Bombay Rayon Standalone March 2022 Net Sales at Rs 26.30 crore, down 11.27% Y-o-Y

Bombay Rayon Consolidated March 2022 Net Sales at Rs 720.76 crore, up 2331.71% Y-o-Y

Bombay Rayon Consolidated December 2021 Net Sales at Rs 18.84 crore, down 61.65% Y-o-Y

Bombay Rayon Fashions reports consolidated net loss of Rs 322.84 crore in the December 2021 quarter

Beardsell Ltd, Biofil Chemicals & Pharmaceuticals Ltd, Bombay Rayon Fashions Ltd and Vaswani Industries Ltd are among the other losers in the BSE’s ‘B’ group today, 04 March 2021.

Ashima Ltd leads losers in ‘B’ group

Bombay Rayon Standalone December 2020 Net Sales At Rs 49.13 Crore, Down 60.67% Y-o-Y

Bombay Rayon Fashions reports consolidated net loss of Rs 365.59 crore in the December 2020 quarter

BRFL Textiles Pvt Ltd (BTPL) was recently formed as a separate entity in August 2020 as part of a restructuring process undertaken by Bombay Rayon Fashions Ltd.

BRFL Textiles completes Rs 250 crore equity investment from marquee investors

Board of Bombay Rayon Fashions approves change in directorate

Bombay Rayon Fashions Limited is a textile company. The Company is engaged in the manufacturing of a range of fabrics and garments.

Bombay Rayon Fashions Ltd

Bombay Rayon Fashions Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

NCLAT stays formation of CoC in Bombay Rayon Fashion insolvency case

Bankruptcy court admits Bombay Rayon Fashion for insolvency resolution

Bombay Rayon Standalone March 2022 Net Sales at Rs 26.30 crore, down 11.27% Y-o-Y

Bombay Rayon Consolidated March 2022 Net Sales at Rs 720.76 crore, up 2331.71% Y-o-Y

Bombay Rayon Consolidated December 2021 Net Sales at Rs 18.84 crore, down 61.65% Y-o-Y

Bombay Rayon Fashions reports consolidated net loss of Rs 322.84 crore in the December 2021 quarter

Ashima Ltd leads losers in ‘B’ group

Bombay Rayon Fashions Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

NCLAT stays formation of CoC in Bombay Rayon Fashion insolvency case

Bankruptcy court admits Bombay Rayon Fashion for insolvency resolution

Bombay Rayon Standalone March 2022 Net Sales at Rs 26.30 crore, down 11.27% Y-o-Y

Bombay Rayon Consolidated March 2022 Net Sales at Rs 720.76 crore, up 2331.71% Y-o-Y

Bombay Rayon Consolidated December 2021 Net Sales at Rs 18.84 crore, down 61.65% Y-o-Y

Bombay Rayon Fashions reports consolidated net loss of Rs 322.84 crore in the December 2021 quarter

Ashima Ltd leads losers in ‘B’ group

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock