BBTC Share Price Sees an Upward Surge

BBTC share price rejoiced in the first trading day of this week. The share price opened at Rs 571.05 from the previous closing of Rs 567.10.

On 20th January 2017 Bombay Burmah Trading Corporation Ltd informed BSE that a Meeting of the Board of Directors of the Corporation is scheduled to be held on 10^th February, 2017, inter alia, to consider and approve the unaudited financial results of the Corporation for the third quarter/ nine month period ended 31^st December, 2016.

Further, as per the Corporation's Code of Conduct for Prevention of Insider Trading, the trading window will be closed for Directors/Designated Persons from 21^st January, 2017 to 12^th February, 2017. The trading window shall open on 13^th February, 2017.

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BBTC Share Price hits 52-Week High

BBTC share price hit 52-week high of Rs.613.70 and traded over 9 per cent up on NSE today. The scrip opened at Rs.537.40 from a previous closing of Rs.534.30. The stock has an ADM or Average Daily Movement of 19.84. The market cap of BBTC amounts to Rs.3727.91 (Cr) while the book value stands at 269.18. Its average volume of 20 days stands at 208443 shares.

Meanwhile, BBTC share price was trading 8.91 per cent higher at Rs.581.90 on the National Stock Exchange (NSE). As of 14:58 pm, the day’s high of the stock stood at Rs.613.70 while the day’s low read at Rs.532.05. The total traded volume stands at 7,20,923 shares with a traded value of Rs.4,237.44 lac. The scrip made its 52-week low of Rs.310.00 (12-Feb-16). The life time low of the stock stands at Rs.6.12 (29-Aug-02) while the life time high stands at Rs.637.70 (05-Aug-15).

According to Dynamic Levels Researchers, BBTC belongs to the top 500 group for this quarter, out of the 1700 stocks which are listed on NSE. BBTC is good for investment and will give good returns as recommended by the Dynamic Levels analysts. Its debt equity is less than 2 and its pledge stands lower than 25 per cent.

For more information on the financials and fundamentals of the stock, kindly visit BBTC share price history. Here, you shall also find the resistance and support levels of the BBTC stock which shall aid you in taking profitable investing decisions.