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.
| Company Name | CMP |
|---|---|
| Titan Co | 4408.35 |
| Kalyan Jewell.India | 405.15 |
| Rajesh Exports | 126.80 |
| Senco Gold | 317.30 |
| Thangamayil Jeweller | 3800.90 |
| View more.. | |
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