Bombay Burmah has a very strong balace sheet. he stock could however be a bit boring over extreme long-term considering the price is likely to hover betwen Rs 400 and Rs 500. An 8-12 month view is ideal for this stock that trades at nearly Rs 410 now.
Bombay Burmah is a good pick on account of its clever holding in other companies such as a 51% stake in Britannia and 14% in Bombay Dyeing. As those businesses flourish, Bombay Burmah is set to reap the benefits.
Bharat Bond ETF
5 years ago
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