Tribhovandas Bhimji Zaveri Ltd (TBZ) is buzzing nowdays at browsers and social media & Traders/Investors are asking whats the reason for the move.
As per our calculations, Jewelly sectors is gettting revalued in line with the Upgradtion of the indstry leader TITAN.
TBZ is currecntly Trading at X3.2 of its Valuations ( last 4-Quater earnings are considered here ) to Titan's X7.6 & it below its Book Value of Rs.72.28.
An Upmove upto Rs. 78 can be seen in Short/Mid Ter.
The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method.
You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com
As per our calculations, Jewelly sectors is gettting revalued in line with the Upgradtion of the indstry leader TITAN.
TBZ is currecntly Trading at X3.2 of its Valuations ( last 4-Quater earnings are considered here ) to Titan's X7.6 & it below its Book Value of Rs.72.28.
An Upmove upto Rs. 78 can be seen in Short/Mid Ter.
The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method.
You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com
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