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Business

TBZ shares rally 16%, extending gains for a second session. What's triggering the surge?

The Economic Times · 2 September 2026 at 12:11 pm

TBZ shares jumped 16% after GRT Jewellers announced plans to acquire the jewellery retailer’s promoter stake and take control.

The deal includes a Rs 249.61-per-share open offer for public shareholders.

The stock has surged 38.4% in two sessions, trading well above both the open-offer and promoter-stake prices.

Read the full article on The Economic Times ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.

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