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Bombay Burmah Shares Jump 9.5% After ₹249 Crore Block Deal
Bombay Burmah is a large company whose shares are traded on the stock market.
On Friday, many of its shares were sold and bought in one large transaction.
The deal was worth ₹249 crore and involved 2.62% of the company.
The people or organizations involved were not officially named.
After the deal, the share price rose by 9.5% to ₹1,531.60.
The company also reported stronger profits and revenue for the June quarter.
Its profit increased to ₹582.7 crore from ₹497.7 crore a year earlier.
Even after the rise, the shares remained below their recent 52-week high.
More than 18 lakh Bombay Burmah shares changed hands in a ₹249 crore block deal on the BSE.
The transaction covered 2.62% of the company’s equity and was executed at an average price of ₹1,360 per share.
Bombay Burmah shares rose 9.5% to ₹1,531.60 after the deal, although the buyers and sellers were not identified.
The company reported a consolidated Q1 net profit of ₹582.7 crore, up 17.1% year-on-year, while revenue rose 7.8% to ₹5,088.7 crore.
Promoter entities held 74% of the company at the end of the June quarter, while public shareholders held 26%.
- Who
- Bombay Burmah Trading Corporation Limited, its shareholders, and unidentified buyers and sellers in the block deal.
- What
- A block transaction involving 18.3 lakh shares, followed by a 9.5% rise in Bombay Burmah’s share price.
- Where
- The transaction took place on the Bombay Stock Exchange.
- When
- Friday, September 18; the reported earnings were for the quarter ended June 2026.
- Why
- The large block deal drew investor attention and was followed by a sharp rise in the company’s shares; stronger quarterly results also provided context.
Key facts
- Block deal value
- ₹249 crore
- Shares traded
- 18.3 lakh shares
- Equity involved
- 2.62%
- Average transaction price
- ₹1,360 per share
- Post-deal share price
- ₹1,531.60, up 9.5%
- Q1 consolidated net profit
- ₹582.7 crore, up 17.1% year-on-year
- Q1 revenue from operations
- ₹5,088.7 crore, up 7.8% year-on-year
- Shareholding
- Promoters held 74% and public shareholders held 26% at the end of the June quarter
Sources
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