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SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826
Tribhovandas Bhimji Zaveri soars 58% in 4 days; zooms 107% from Aug low
Tribhovandas Bhimji Zaveri (TBZ) share price was locked at the 10 per cent upper circuit at ₹480.85 on the National Stock Exchange (NSE) in Friday’s intra-day deals with only buyers seen on the counter.
Till 10:10 AM, a combined 3.46 million equity shares changed hands and there were pending buy orders for around 700,000 shares on the NSE and BSE.
Meanwhile, in the past four trading days, the stock price of Jewellery company surged 58 per cent as GRT Jewellers India Pvt Ltd announced a share purchase agreement (SPA) to acquire a 74.12 per cent stake in the company.
The stock zoomed 107 per cent from its previous month low of ₹232.50 touched on August 12, 2026.
TBZ stock price trades 93% higher over open offer price
On Monday, August 31, 2026, TBZ informed the stock exchanges that GRT Jewellers, a leading jewellery retail company, signed a SPA with the promoters of TBZ to acquire their stake of 74.12 per cent in the company at a per share price of not more than ₹209. As per the SPA, GRT would acquire the promoter’s stake for an aggregate value of up to ₹1,033.71 crore.
All this is for information
This is not a buy/sell recommendation.
Thank you,
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