Tribhovandas Bhimji Zaveri Ltd (TBZ) is one of India’s oldest and most trusted jewellery brands, known for its heritage craftsmanship, premium gold and diamond jewellery collections, and strong retail presence across the country. With rising gold demand, festive buying cycles, and a strong brand legacy, TBZ continues to draw investor interest.
In this article, we break down TBZ’s share price targets from 2025 to 2030 based on current performance, fundamentals, demand trends, and sector outlook.
Below are the latest trading details for Tribhovandas Bhimji Zaveri Ltd:
| Detail | Value |
|---|---|
| Open | ₹193.58 |
| Previous Close | ₹191.47 |
| Day's High | ₹193.58 |
| Day's Low | ₹183.00 |
| VWAP | ₹188.12 |
| Volume | 4,56,448 |
| Value (Lacs) | 868.48 |
| Market Cap | ₹1,269 Cr |
| Beta | 1.61 |
| 52-Week High | ₹292.00 |
| 52-Week Low | ₹155.99 |
| All-Time High | ₹360.36 |
| All-Time Low | ₹16.45 |
| UC Limit | ₹229.76 |
| LC Limit | ₹153.17 |
| Face Value | ₹10 |
| Book Value Per Share | ₹98.49 |
| 20D Avg Volume | 3,32,897 |
| 20D Avg Delivery | 34.61% |
| Dividend Yield | 1.18% |
The stock shows moderate volatility and stable participation, reflecting investor confidence in India's jewelry and retail sector.
Established in 1864, Tribhovandas Bhimji Zaveri Ltd is one of India’s most iconic jewellery brands. Known for its premium designs, traditional craftsmanship, and trust-driven customer base, TBZ operates retail stores across major Indian cities offering gold, diamonds, solitaire, and bridal jewellery.
Key strengths include:
Strong brand legacy of over 150 years
Growing retail footprint across India
Rising demand for branded jewellery
Established leadership in bridal and wedding jewellery
Increased preference for hallmarked and certified jewellery
With India consistently being one of the world’s largest consumers of gold, TBZ benefits from long-term structural demand.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 74.12% |
| Retail & Others | 25.88% |
A high promoter holding indicates strong internal confidence, while a sizeable retail base reflects brand loyalty among the public.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 205 | 230 |
| 2026 | 230 | 255 |
| 2027 | 255 | 285 |
| 2028 | 275 | 310 |
| 2029 | 300 | 340 |
| 2030 | 330 | 380 |
These projections are based on business growth, jewellery demand cycles, festive market trends, and overall premium retail expansion.
By 2025, strong wedding season demand and stable gold prices may support TBZ’s sales.
Reasons:
Growing preference for branded jewellery
Increased footfall during festive and bridal seasons
Rising middle-class disposable income
Investment View: Suitable for early long-term accumulation.
In 2026, expansion in retail stores and growth in diamond jewellery may boost revenue.
Reasons:
Strong demand for bridal collections
Better operating margins in diamonds
Rise in premium jewellery spending
Investment View: Good for mid-term investors seeking stable growth.
By 2027, TBZ could benefit from greater brand penetration in tier-2 and tier-3 cities.
Reasons:
Higher gold consumption in regional markets
Expanding store network
Strong customer loyalty
Investment View: Positive for long-term compounding.
The company may see enhanced profitability due to increased demand for certified jewellery.
Reasons:
Shift from unorganized to organized jewellery market
Strong brand positioning
Boost in wedding jewellery sales
Investment View: Attractive for long-term investors.
TBZ’s market position may strengthen due to better operating leverage and high-margin product lines.
Reasons:
Growing diamond jewellery share
Better procurement strategies
Rising online jewellery market
Investment View: Promising for steady long-term returns.
By 2030, TBZ may emerge as one of India’s strongest branded jewellery chains.
Reasons:
Legacy brand advantage
Steady expansion in high-demand markets
Healthy promoter confidence and financial stability
Investment View: A strong candidate for wealth-building portfolios.
Tribhovandas Bhimji Zaveri Ltd remains a solid pick for investors who believe in the long-term growth of the jewellery and luxury retail market.
Reasons to consider investing:
Trusted national brand
High promoter holding
Strong bridal and gold jewellery demand
Stable business model with predictable seasonal cycles
Risks to consider:
Volatility in global gold prices
Competition from other branded jewellery chains
Economic downturn affecting discretionary spending
Tribhovandas Bhimji Zaveri Ltd is a historic and trusted jewellery brand with strong growth potential in India’s expanding organized jewellery market. With its current price around the ₹190–₹195 range, the stock shows potential to reach ₹380 by 2030 if the company maintains consistent performance and expands its retail footprint.
This article is for educational and example use only. Always consult a financial advisor before making investment decisions.
