Economic TimesLean R·
TBZ shares rally 16%, extending gains for a second session. What's triggering the surge?
Tribhovandas Bhimji Zaveri shares extended their rally into a second session on Wednesday, jumping 16.11% after hitting the 20% upper circuit in the previous session, following GRT Jewellers’ proposed acquisition of the listed jewellery retailer.At 9:25 am, the stock was trading at Rs 423 on the National Stock Exchange (NSE), up Rs 58.70. It opened at Rs 380 after closing at Rs 366.80 on Tuesday.With Wednesday’s rise, the stock had gained 38.4% across two sessions, climbing from Monday’s close …
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