TBZ shares rally 16%, extending gains for a second session. What's triggering the surge?
- Posted on September 2, 2026
- By Business News Today
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- 1 min read
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TBZ shares rally 16%, extending gains for a second session. What's triggering the surge?
TBZ shares jumped 16% after GRT Jewellers announced plans to acquire the jewellery retailers 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.
