Sandeep Wagle of powermywealth.com told CNBC-TV18, "Bombay Rayon has been in circuit for the last 8-10 days or 12 days and I think exit whenever you get an opportunity. There is something grossly negative news in the price.”
At 15:20 hrs Bombay Rayon Fashions was quoting at Rs 106.85, down Rs 5.60, or 4.98 percent.
It has touched a 52-week low of Rs 106.85.
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