70.40 -5.55 (-7.31%)
NSEJan 18, 2021 03:31 PM
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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2015-02-04||Tribhovandas Bhimji .. +||Karvy||166.85||165.00||166.85 (-57.81%)||Hold|
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.
|2014-08-05||Tribhovandas Bhimji .. +||Karvy||147.95||165.00||147.95 (-52.42%)||Hold|
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.