33X rise in volume in 1 day: Stock of this packaged food firm hits 52-week high; soars 20%

Bombay Burmah Trading Share Price/Volume: The stock volume of Bombay Burmah Trading Corp Ltd rose over 15 times on BSE on Monday (June 24, 2024) as its stock also hit a 52-week high. 

After closing at Rs 1,683.00 on Friday, the stock of the tea manufacturing company soared by 20 per cent to a 52-week high of Rs 2,019.60. 

The stock of Bombay Burmah Trading ended the trading session higher by 19.80 per cent, or Rs 333.15, at Rs 2,016.15 on Monday.

The volume of the shares on Monday was at 1,71,000, while the two-week average quantity of it is 5,184, as per the BSE website. 

What does Bombay Burmah Trading Corp Ltd do?

The Bombay Burmah Trading Corporation, Limited (BBTCL) is a 150 year-old-company.

Bombay Burmah Trading Corp is a leading concern of the Wadia Group.

The company was founded in 1863 as a public company.

It was not until 1913 that the company turned its attention to tea plantations and invested in suitable areas in South India.