Bombay Burmah Trading Corporation is currently trading at Rs. 773.00, up by 14.15 points or 1.86% from its previous closing of Rs. 758.85 on the BSE.
The scrip opened at Rs. 762.85 and has touched a high and low of Rs. 782.40 and Rs. 758.55 respectively. So far 33583 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 825.00 on 06-Mar-2017 and a 52 week low of Rs. 351.50 on 24-May-2016.
Last one week high and low of the scrip stood at Rs. 820.00 and Rs. 751.25 respectively. The current market cap of the company is Rs. 5415.35 crore.
The promoters holding in the company stood at 65.91%, while Institutions and Non-Institutions held 5.64 % and 28.45 % respectively.
Bombay Burmah Trading Corporation has received an approval to issue 1500 Secured, Listed, Redeemable, NCDs for Rs 10,00,000 each aggregating to Rs 150 crore on private placement basis. The Finance committee meeting of the company held on March 14, 2017 has approved for the same. The said issue will be at par, for cash, on private placement basis and will be listed on the Wholesale Debt Market Segment of BSE.
Bombay Burmah Trading Corporation is a leading concern of the Wadia Group, a reputed Indian business house with interests in plantations, foods, textiles, chemicals, electronics and light engineering, health care and real estate. Bombay Burmah, Bombay Dyeing and Britannia are the mastheads of the Wadia Group.