Bombay Burmah Shares Rise 9.5% After ₹249 Crore Block Deal

Despite the sharp intraday gain, the identities of the buyers and sellers in the block deal were not disclosed at the time. The stock closed at ₹1,531.60 on the BSE after the surge.

The rise comes even as the stock remains significantly below its 52-week high of ₹2,135, recorded on October 23, 2025. Since then, the share price has fallen 31% from that peak. The stock touched a 52-week low of ₹1,301 on March 30, 2026.

Over recent periods, the stock has shown mixed performance: up 4% in the past week, but down 3% over three months, 4% over six months, and 24% over the past year.

Promoter entities held a 74% stake in the company as of the end of the June quarter, with public shareholders holding the remaining 26%. Among public shareholders, mutual funds in India held a 0.5% stake, Acacia Partners held over 4%, and more than 45,000 small retail shareholders collectively held 11.71%.

Bombay Burmah reported a consolidated net profit of ₹582.7 crore for the quarter ended June 2026, a 17.1% increase from ₹497.7 crore in the same quarter of the previous financial year. Revenue from operations rose 7.8% year-on-year to ₹5,088.7 crore, driven primarily by the food-bakery and dairy segment, which generated ₹5,003.5 crore during the quarter.

The company, established in 1863, is the second oldest publicly listed company in India and serves as the flagship entity of the Wadia Group. It has a diversified presence in plantations, auto electric components, and healthcare, and holds a significant stake in Britannia Industries.

The block deal and strong quarterly results have brought renewed attention to the stock, though the parties behind the transaction remain unidentified.