Bombay Bumrah Trading stock gains over 23,000 percent

Bombay Bumrah Trading Corporation's stock has seen significant growth over the past 22 years. It was priced at ₹7.60 in 2003 and is now trading at ₹1,772. This increase represents a jump of 23,218 percent. An investment of ₹1 lakh made in 2003 would now be worth about ₹2.33 crore. On March 23, the stock rose nearly 2 percent on the National Stock Exchange (NSE). Over the last five years, it has increased by 151.66 percent. In the last year, it has gone up by 12.67 percent. However, short-term investors have faced challenges, as the stock has dropped 31.88 percent in the last six months. The company announced a second interim dividend of ₹4 per share for the financial year 2024-25. The record date for this dividend is set for March 27. This follows a previous dividend of ₹13 per share announced earlier this year. Recently, Bombay Bumrah Trading Corporation sold land in Kanyakumari District for ₹36.47 crore. The company, founded in 1863, operates in various sectors, including tea, healthcare, and investments.