Shares of Bombay Burmah Trading Corporation Ltd. surged 9.5% to ₹1,531.60 on Friday, September 18, following a large block deal transaction. According to latest reports, as many as 18.3 lakh shares or 2.62% equity of the company changed hands via block deals on the Bombay Stock Exchange. The stock opened at ₹1,409.70 against its previous close of ₹1,399.40, touching an intraday high of ₹1,525 and gaining ₹111.95 from the previous close. The shares changed hands at an average price of ₹1,360 apiece, taking the total transaction value to ₹249 crore. The official buyers and sellers of the transactions are not yet known.
At the end of the June quarter, promoter entities held 74% stake in the company while public shareholding comprised 26%, as per data available on the BSE. Among the public shareholders, Mutual Funds in India had a 0.5% stake, while Acacia Partners had more than 4% stake. Over 45,000 small retail shareholders, or those with authorized share capital of up to ₹2 lakh, have a 11.71% stake in the company. The stock has traded with gains in just two out of the last seven trading sessions, with the last time the stock was higher than 9% being on August 27, 2026, when it ended 13.1% higher.
Despite Friday's sharp rise, Bombay Burmah shares remain significantly below their previous 52-week peak, trading 31% down from the ₹2,135 high recorded on October 23, 2025. The stock has touched a 52-week low of ₹1,301 on March 30, 2026. However, the company's latest quarterly results show robust performance with consolidated net profit of ₹582.7 crore for Q1 FY26, representing a 17.1% increase compared to ₹497.7 crore in the corresponding quarter of FY25. Revenue from operations also grew 7.8% year-on-year to ₹5,088.7 crore from ₹4,711.9 crore in Q1 FY25, primarily driven by the food-bakery and dairy products segment which generated ₹5,003.5 crore compared to ₹4,626.0 crore a year earlier.
The stock demonstrated strong market participation with over 10 lakh shares changing hands in intraday trade at 24.52 times the stock's 10-day average volume. As reported by multiple sources, the stock has gained 4% in the past one week but remains mixed with declines of 3% over the last three months, 4% in six months and 24% in the past year. The combination of Friday's large block deal, sharp intraday stock move and company's latest quarterly performance has put Bombay Burmah shares firmly in focus, with the official buyers and sellers involved in the ₹249 crore transaction remaining unknown.
