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13-Dec2017

Bombay Burmah gains on issuing Commercial Paper worth Rs 50 crore

Bombay Burmah Trading Corporation (BBTC) is currently trading at Rs. 1482.05, up by 5.20 points or 0.35 % from its previous closing of Rs. 1476.85 on the BSE.

The scrip opened at Rs. 1476.00 and has touched a high and low of Rs. 1490.00 and Rs. 1475.00 respectively. So far 6217 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1735.35 on 18-Oct-2017 and a 52 week low of Rs. 474.00 on 27-Dec-2016.

Last one week high and low of the scrip stood at Rs. 1573.00 and Rs. 1466.10 respectively. The current market cap of the company is Rs. 10359.73 crore.

The promoters holding in the company stood at 65.91%, while institutions and non-institutions held 7.85% and 26.24% respectively.

BBTC has issued Commercial Paper for an aggregate amount of Rs 50 crore on December 12, 2017 for 87 days and maturing on March 9, 2018. India Ratings & Research has granted rating of 'A1+' for issuance of Commercial Paper by the corporation.

Bombay Burmah Trading Corporation is a leading concern of the Wadia Group, a reputed Indian business house with interests in plantations, foods, textiles, chemicals, electronics and light engineering, health care and real estate. Bombay Burmah, Bombay Dyeing and Britannia are the mastheads of the Wadia Group.


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