GENERAL18 Sept 2026
Bombay Burmah share price jumps 9.5% after ₹249 crore block deal - check details | Stock Market News
Shares of Bombay Burmah Trading jumped 9.5% to ₹1,531.60 on Friday, September 18, after 18.3 lakh shares worth ₹249 crore traded in block deals. If you hold this Wadia Group stock, note it is still down 31% from its 52-week high of ₹2,135. Profits rose 17.1% to ₹582.7 crore, so the business is growing. Wait for buyer details before acting.
Key Statutory Highlights
- About 18.3 lakh shares of Bombay Burmah changed hands at an average price of ₹1,360 each, taking the block deal value to ₹249 crore.
- The stock closed 9.5% higher at ₹1,531.60 on the BSE, but it is still 31% below its 52-week high of ₹2,135.
- The company reported a consolidated net profit of ₹582.7 crore for the quarter ended June 2026, up 17.1% from a year earlier.
Actionable Advice for Taxpayers / Founders:If you hold this stock, check the final buyer and seller details once they are disclosed, and treat the one-day jump as a market event rather than proof of a lasting trend.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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