Bombay Rayon Fashions was locked at 5% lower circuit at Rs 152.85 at 15:16 IST, with the stock extending recent slump.
Meanwhile, the S&P BSE Sensex was up 202.66 points or 0.6% at 33,958.94.
On the BSE, 4,880 shares were traded on the counter so far as against the average daily volumes of 1.27 lakh shares in the past one quarter. The stock had opened with a downward gap and remained locked at 5% level at Rs 152.85 so far during the day. The stock had hit a 52-week high of Rs 232.50 on 18 December 2017 and a 52-week low of Rs 111 on 17 October 2017.
The mid-cap company has equity capital of Rs 317.48 crore. Face value per share is Rs 10.
Shares of Bombay Rayon Fashions have slumped 31.99% in five trading sessions to its ruling market price, from its close of Rs 224.75 on 15 December 2017.
Bombay Rayon Fashions reported net loss of Rs 14.56 crore in Q2 September 2017, compared with net loss of Rs 53.56 crore in Q2 September 2016. Net sales declined 31.2% to Rs 675.05 crore in Q2 September 2017 over Q2 September 2016.
Bombay Rayon Fashions is engaged in manufacturing textiles consisting of fabrics and garments.
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