Revisiting — a second look at “TBZ falls 16% as turnover stays above its 20-day average”, first published 2026-08-12. Figures below are end-of-day, updated through 2026-09-13.
On August 12, 2026, we published "TBZ falls 16% as turnover stays above its 20-day average", analyzing a sharp, unexplained drop in Tribhovandas Bhimji Zaveri (TBZ). At the time, the stock had closed at Rs 236.90. Since then, the narrative has shifted dramatically. As of the close on September 11, 2026, TBZ shares stood at Rs 526.30, marking a remarkable 122.16% increase. This rally occurred against a weak broader market backdrop, where the Nifty 50 index fell by 4.25%.