Shares of Tribhovandas Bhimji Zaveri jumped as much as 17 per cent intraday on Thursday after the company informed BSE that it has tied up with Snapdeal (Photo: Reuters)
Shares of Tribhovandas Bhimji Zaveri jumped as much as 17 per cent intraday on Thursday after the company informed BSE that it has tied up with Snapdeal, India’s leading online marketplace, to offer consumers TBZ – The Original’s diamond jewellery and gold coins on Snapdeal’s online marketplace.
At 2.36 pm, the share price of the company was up 10.33 per cent at Rs 135.70 on BSE. The scrip opened at Rs 123.50 and had touched a high and low of Rs 144 and Rs 122, in trade, so far. Sensex was down 0.95 per cent at 26,786.
The Company presents an exquisite range of diamond jewellery and gold coins on Snapdeal. TBZ – The Original’s diamond jewellery range of rings, earrings, pendants, bracelets and gold coins will be available and accessible to discerning buyers on Snapdeal at affordable prices.
The share price of Tribhovandas Bhimji Zaveri fell 20.75 per cent in the past one year till October 7. On the other hand, Sensex jumped 2.91 per cent during the same period.
For the quarter ended June 2015, the company posted net profit of Rs 2.72 crore, up 420.50 per cent, against Rs 0.52 crore in the corresponding quarte a year ago.
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