Britannia, Bombay Burmah hit new high; Bombay Dyeing up 133% in one month

Thus far in the calendar year 2017, the market price of Bombay Dyeing, Bombay Burmah and National Peroxide has been more than doubled.

Shares of Wadia Group Companies are on roll with Britannia Industries and Bombay Burmah Trading Corporation hitting their respective record highs, while Bombay Dyeing & Manufacturing Company has appreciated over 100% in the past one month on the BSE.

Bombay Burmah Trading Corporation has gained 11% to Rs 1,188 on back of more than two-fold jump in trading volume. The company engaged in tea & coffee business has rallied 36% from Rs 871 on August 3, after it reported a good set of numbers for June quarter (Q1FY18). The company’s net losses narrowed to Rs 1.69 crore in Q1FY18