Bombay Burmah reverses recent rally on profit booking

Bombay Burmah Trading Corporation lost 2.57% to Rs 1,682 on BSE on profit booking after gaining 25.82% in the preceding five trading sessions to settle at Rs 1,726.35 yesterday, 18 October 2017, from its close of Rs 1,372.10 on 11 October 2017.

Meanwhile, the S&P BSE Sensex was down 194.39 points or 0.6% at 32,389.96.

On the BSE, 23,000 shares were traded on the counter so far as against the average daily volumes of 97,000 shares in the past two weeks. The stock had hit a high of Rs 1,730 and a low of Rs 1,678 so far during the day.

The large-cap company has equity capital of Rs 13.95 crore. Face value per share is Rs 2.

Bombay Burmah Trading Corporation has diversified its interests into tea, coffee, other plantation products, biscuit and dairy products, auto electric and white goods parts, weighing products, horticulture and landscaping services, healthcare products (viz.) dental, orthopaedic and opthalmic products.

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