Economic TimesLean R·
TBZ shares rally 16%, extending gains for a second session. What's triggering the surge?
Tribhovandas Bhimji Zaveri shares have surged 38.9% across two sessions, climbing from Monday’s close of Rs 304.45 to Rs 423 at 9:25 am on Wednesday, as investors continued to react to GRT Jewellers’ proposed acquisition of the listed jewellery retailer.The stock advanced 16.11% on Wednesday, gaining Rs 58.70 after opening at Rs 380. The rise followed Tuesday’s rally, when TBZ hit its upper-circuit level of Rs 366.80.During Tuesday’s session, the stock opened at Rs 315 and touched a low of Rs 3…
Read at Economic Times →
