Tribhovandas Bhimji Zaveri: Reply to the clarification on volume movement
Tribhovandas Bhimji Zaveri (TBZ) filed a disclosure titled "Reply to the clarification on volume movement". The company is valued at about ₹4,209 crore.
What happened
Tribhovandas Bhimji Zaveri (TBZ) filed a disclosure with the exchanges on 30 September 2026 at 04:37 PM titled "Reply to the clarification on volume movement".
Company snapshot
Tribhovandas Bhimji Zaveri is a small-cap company, with a market value of about ₹4,209 crore.
The stock last traded at ₹630.8, against a 52-week range of ₹110.5–₹698.6 (9.7% below the high).
Before this filing the shares had moved +109.1% over the month and +229.8% over three months. Average daily turnover over the last 20 sessions was about ₹164 crore.
Promoters held 74.12% at the end of Q1 FY27. Foreign institutions owned 1.47% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 624 | 22.5 | 3.37 |
| Q2 FY26 | 1,312 | 54 | 8.1 |
| Q3 FY26 | 1,061 | 80.6 | 12.08 |
| Q4 FY26 | 830 | 67.6 | 10.14 |
| Q1 FY27 | 841 | 33.9 | 5.08 |
What history shows
This is not the company's first open offer disclosure: BCEIE has 8 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 23.8% on average the next trading day and was up 55.7% on average after five days (7 filings with price data).
Market-wide, 283 open offer filings with an impact score of 50 or more saw an average next-day move of +2.2%, with 55% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 16 Sept 2026 | Axis Capital Ltd ("Manager to the Offer") has submitted to BSE a… | +9.6% | +32.0% |
| 15 Sept 2026 | Receipt of Draft Letter of Offer in relation to Open Offer | +9.6% | +32.0% |
| 7 Sept 2026 | Open offer | −0.2% | −0.8% |
| 31 Aug 2026 | Open offer | +36.8% | +81.6% |
| 31 Aug 2026 | Open offer | +36.8% | +81.6% |
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.