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HSBC Global Investments offloads 2% stake in TBZ for Rs 32 crore

22 Mar 2013 Evaluate

HSBC Global Investments Funds Mauritius has offloaded about 2% stake in Tribhovandas Bhimji Zaveri (TBZ) for Rs 32 crore through open market transaction. The fund house has sold a total 1.27 million shares representing 1.91% of equity of the company at a price of Rs 250 per share. At the end of December 31, 2012, HSBC Global Investments Funds Mauritius held 6.09% stake in TBZ.

Tribhovandas Bhimji Zaveri, a well known jewellery retailer in India, is primarily engaged in selling gold and diamond-studded jewellery.

Tribhovandas Bhimji Share Price

146.30 -3.15 (-2.11%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4408.35
Kalyan Jewell.India 405.15
Rajesh Exports 126.80
Senco Gold 317.30
Thangamayil Jeweller 3800.90
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