Shares of Bombay Burmah Trading Corporation (NSE : BBTC) surpassed 52 week high of ₹1830 and market a new all time high at ₹2020 yesterday (24 july). The stock gained more than 17% in intraday yesterday. The breakout was supported with a volume of above 4.1 Million.
BBTC has surged by over 54% in the last one month over performing flagship index Nifty 50. As the rainy season is approaching in India, Agri Commodities and their related stocks are seeing price appreciations
About Bombay Burmah
Bombay Burmah Trading Corporation is a well-established Indian company, founded in 1863. It started as a trading company for teak in Burma (now Myanmar). Over the years, it has diversified into various sectors, including plantations, real estate, and healthcare. Today, it is part of the Wadia Group and continues to be a significant player in the Indian business landscape.
BBTC engages in diverse business activities, including plantations (tea, coffee, and rubber), real estate, healthcare (dentistry), and auto-ancillary products. They also have interests in horticulture, investing in various sectors to sustain growth and profitability.
Stats
| MARKET CAP | ₹ 13,829.84 Cr. |
|---|---|
| P/B | 71.17 |
| PROMOTER HOLDING | 74.05 % |
| SALES GROWTH | -19.11% |
| ROE | -109.93 % |
Bombay Burmah Financials
| PARTICULARS | MAR 2024 |
|---|---|
| Net Sales | 71.09 Cr. |
| Total Expenditure | 82.55 Cr. |
| Operating Profit | -11.47 Cr. |
| Other Income | 98.19 Cr. |
| Interest | 10.33 Cr. |
| Depreciation | 2.34 Cr. |
| Exceptional Items | 0 Cr. |
| Profit Before Tax | 74.05 Cr. |
| Tax | 8.21 Cr. |
| Profit After Tax | 65.84 Cr. |
| Adjusted EPS (Rs) | 9.43 |
