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TBZ shares rally 16%, extending gains for a second session. What's triggering the surge?

Tribhovandas Bhimji Zaveri (TBZ) shares surged 38.9% in two sessions as investors reacted to GRT Jewellers proposed acquisition of the jewellery retailer. GRT plans to acquire 74.12% promoter stake at up to Rs 209 per share and launch an open offer for the re…

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TBZ shares rally 16%, extending gains for a second session. What's triggering the surge?

Tribhovandas Bhimji Zaveri (TBZ) shares surged 38.9% in two sessions as investors reacted to GRT Jewellers proposed acquisition of the jewellery retailer. GRT plans to acquire 74.12% promoter stake at up to Rs 209 per share and launch an open offer for the re…

Tribhovandas Bhimji Zaveri shares have surged 38.9% across two sessions, climbing from Mondays close of Rs 304.45 to Rs 423 at 9:25 am on Wednesday, as investors continued to react to GRT Jewellers p…

Originally published by The Times of India. Read the full article →

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