Tribhovandas Bhimji Zaveri Ltd. share price target and research reports

Name: Latest research reports of Tribhovandas Bhimji Zaveri Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: Tribhovandas Bhimji Zaveri Ltd.
Rating: 3
Author: Karvy

Latest analyst research reports with target prices and PDF download for TBZ, BSE:534369 Tribhovandas Bhimji Zaveri Ltd.

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Tribhovandas Bhimji Zaveri Ltd.

04 Feb 2015

195.40

-1.66%

Tribhovandas Bhimji Zaveri Ltd (Feb 04, 2015)

Hold: Tribhovandas Bhimji Zaveri...

Karvy

TBZ has reported revenue of Rs. 6125 mn which is an 18% growth on a YoY basis and a 44% growth on QoQ basis.Company has reported Gross margin shrinkage of 480 basis points and 250 basis points on Gold and Diamond Jewellery respectively.

Tribhovandas Bhimji Zaveri Ltd. has gained 50.70% in the last 1 Year

Tribhovandas Bhimji Zaveri Ltd.

05 Aug 2014

195.40

-1.66%

Tribhovandas Bhimji Zaveri Ltd (Aug 05, 2014)

Hold: Tribhovandas Bhimji Zaveri...

Karvy

Karvy initiates coverage of Tribhovandas Bhimji Zaveri Ltd with a Hold Rating: We expect TBZ's Same Store Sales (SS) in per square feet realization is expected to remain below FY12 levels during FY15 and FY16. ? In our opinion, revival in the Same Stores Growth (SSG) volume is likely to be lower than FY12 levels amid weakening gold prices. Volumes of sales in old stores (opened before FY13) are expected to grow at a CAGR of 4.9% in the next two years and thus will be less than FY12 levels.

Tribhovandas Bhimji Zaveri Ltd. is trading below its 150 day SMA of 201.2

Is Tribhovandas Bhimji Zaveri Ltd. worth buying?

115 Votes:

Buy 79.13%

Sell 13.04%

Hold 7.83%