TBZ Share Price Target Tomorrow 2024 To 2030- Market Overview, Income Statement

Tribhovandas Bhimji Zaveri Ltd (TBZ) is a well-known Indian jewelry retailer, established in 1864. The company specializes in designing and selling a wide range of gold, diamond, and silver jewelry. With a rich heritage and years of experience, TBZ has built a reputation for quality and craftsmanship.

The company operates several stores across India, offering customers beautifully crafted jewelry for various occasions, from weddings to everyday wear. TBZ Share Price on NSE as of 9 October 2024 is 284.15 INR. Here will provide you more details on TBZ Share Price Target 2024, 2025, 2026 to 2030.

Tribhovandas Bhimji Zaveri Ltd: Market Overview

• Open Price: ₹270.00
• High Price: ₹293.00
• Low Price: ₹267.15
• Previous Close: ₹266.80
• Volume: 2,015,845
• Value (Lacs): ₹5,736.09
• VWAP: 281.87
• UC Limit: ₹293.45
• LC Limit: ₹240.15
• P/E ratio: 31.58
• Div yield: 0.62%
• 52-wk high: ₹360.36
• 52-wk low: ₹93.05
• Mkt cap: ₹1.90KCr
• Face Value: ₹10

Tribhovandas Bhimji Zaveri Ltd Competitors

Here are five competitors of Tribhovandas Bhimji Zaveri Ltd along with their approximate market capital:

1. Titan Company Ltd
   Market Capital: ₹2,60,000 Crores
2. Kalyan Jewellers India Ltd
   Market Capital: ₹14,000 Crores
3. PC Jeweller Ltd
   Market Capital: ₹700 Crores
4. Thangamayil Jewellery Ltd
   Market Capital: ₹2,000 Crores

5. Vaibhav Global Ltd
   Market Capital: ₹7,500 Crores

TBZ Share Price Chart

TBZ Share Price Target Tomorrow 2024 To 2030

TBZ Share Price Target 2024

TBZ share price target 2024 Expected target could be ₹315. Here are three key factors that could affect Tribhovandas Bhimji Zaveri Ltd (TBZ) share price target in 2024:

• Consumer Demand for Jewelry: The demand for gold and diamond jewelry is influenced by various factors, including economic conditions and consumer spending patterns. A positive economic outlook and rising disposable incomes can drive higher sales, boosting TBZ’s revenue and share price.
• Festive Seasons and Weddings: India’s wedding season and festivals play a significant role in jewelry sales. Successful marketing strategies and product launches during these peak times can lead to increased sales and profitability, positively impacting TBZ’s share price.

• Raw Material Prices: The prices of gold, diamonds, and other materials used in jewelry production can fluctuate significantly. An increase in raw material costs may affect profit margins. Effective cost management and strategic sourcing will be essential for maintaining profitability and supporting share price growth.

TBZ Share Price Target 2025

TBZ share price target 2025 Expected target could be ₹417. Here are three key factors that could affect Tribhovandas Bhimji Zaveri Ltd (TBZ) share price target in 2025:

• Expansion and Store Network Growth: TBZ’s ability to expand its retail presence, both in existing markets and new regions, will be crucial for growth. Opening new stores and enhancing the distribution network can increase brand visibility and sales, positively influencing the share price.
• Innovation in Designs and Collections: Keeping up with changing consumer preferences by introducing innovative jewelry designs and collections will be vital. Engaging younger customers through trendy and contemporary designs can boost sales and enhance TBZ’s market position, impacting its share price favorably.

• Economic Conditions and Gold Prices: The overall economic environment, including inflation rates and gold prices, will affect consumer purchasing power. Favorable economic conditions and stable or lower gold prices can encourage higher spending on jewelry, leading to improved revenue and a positive outlook for TBZ’s share price.

TBZ Share Price Target 2030

TBZ share price target 2030 Expected target could be ₹1125. Here are three key factors that could affect Tribhovandas Bhimji Zaveri Ltd (TBZ) share price target in 2030:

• Sustainability and Ethical Sourcing: As consumers become more conscious of ethical practices in jewelry sourcing, TBZ’s commitment to sustainability and responsible sourcing of materials will be crucial. Demonstrating transparency and ethical practices can attract socially conscious customers and enhance brand loyalty, positively impacting growth and share price.
• Digital Transformation and E-Commerce: The shift towards online shopping is reshaping the retail landscape. TBZ’s ability to enhance its online presence and e-commerce capabilities will be vital for reaching a broader audience. Investing in digital marketing and a user-friendly online shopping experience can drive sales and support share price growth.

• Market Competition and Brand Differentiation: The jewelry market is highly competitive, with numerous players vying for market share. TBZ’s ability to differentiate itself through unique designs, exceptional customer service, and targeted marketing strategies will be essential for maintaining and growing its market position, which can influence its long-term share price trajectory.

Tribhovandas Bhimji Zaveri Ltd Shareholding Pattern

• Promoters: 74.12%
• FII: 0.76%
• DII: 0%
• Public: 25.12%

Tribhovandas Bhimji Zaveri Ltd Financials

Read Also:- Lemon Tree Hotels Share Price Target Tomorrow 2024 to 2030- Market Overview, Income Statement