New Delhi, Sept. 18 -- Shares of Bombay Burmah Trading Corporation Ltd. jumped nearly 10% on Friday, September 18, after a large block transaction involving more than 18 lakh shares changed hands on the Bombay Stock Exchange. The sharp move in the Wadia Group flagship stock came after 2.62% of the company's equity was traded through block deals, drawing investor attention to the counter.

The transaction involved 18.3 lakh shares and was executed at an average price of Rs.1,360 per share. The total value of the block deal stood at Rs.249 crore. While the large trade was visible on the exchange, the identities of the official buyers and sellers were not yet known.

Following the block deal activity, Bombay Burmah shares surged 9.5% to Rs.1...