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Tribhovandas Bhimji Zaveri surges on tie-up with Snapdeal

The stock surged 17% to Rs 144 after the company tied up with Snapdeal to showcase their high quality diamond jewellery and gold coins anytime, anywhere on online marketplace.

Tribhovandas Bhimji Zaveri surges on tie-up with Snapdeal
SI Reporter Mumbai
Last Updated : Oct 08 2015 | 1:39 PM IST
Shares of Tribhovandas Bhimji Zaveri (TBZ) has moved higher by 17% to Rs 144 on the BSE after the company announced an arrangement with Snapdeal to showcase their high quality diamond jewellery and gold coins anytime, anywhere on online marketplace.

“The Company 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,” TBZ said in a BSE filing.

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, it added.

At 01:09 pm, the stock was up 14.4% at Rs 141 on the BSE. A combined 597,218 shares changed hands so far as against an average sub 100,000 shares were traded daily in past two weeks on the BSE and NSE.
 

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First Published: Oct 08 2015 | 1:11 PM IST

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