Bombay Burmah shares rally 13%: SC recalls ₹4,655 crore lease rent observations
The Supreme Court recalled its observations on a ₹4,655 crore lease rent liability for The Bombay Burmah Trading Corporation, leading to a 13% stock rally on Thursday. The shares closed at ₹1,613.60 after hitting an intraday high of ₹1,639. The company plans to pursue ongoing judicial proceedings related to its former tea estate in Tamil Nadu.