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  • Cancellation of PMLA big relief; jewellers hope for steady festive sales

    In a breather for jewellery stocks, the government lets go off the order to bring the sector under the purview of the Prevention of Money Laundering Act (PMLA).

  • Every jewellery co to report good growth in Q4; see uptick in footfalls: Pros

    Every jewellery co to report good growth in Q4; see uptick in footfalls: Pros

    Every organised jewellery company will report good growth in the current quarter, said Sanjeev Bhatia, CFO, PC Jeweller.

  • Targeting retail expansion of 25% YoY: TBZ

    Targeting retail expansion of 25% YoY: TBZ

    With discretionary portion of consumer sentiment on an uptick, demand reviving and revival of government gold schemes, the prospect for business looks bright, said Prem Hinduja, CEO, Tribhovandas Bhimji Zaveri.

  • Post strong Q2, see margin improvement in H2FY15: TBZ

    Post strong Q2, see margin improvement in H2FY15: TBZ

    Prem Hinduja, chief executive officer, Tribhovandas Bhimji Zaveri (TBZ) says the studded jewellery segment has seen a robust traction this quarter.

  • Aim to boost sales; margins will remain under pressure: TBZ

    Aim to boost sales; margins will remain under pressure: TBZ

    "We have seen an improvement in walk- ins and pent up demand is also helping," Prem Hinduja, MD, Tribhovandas Bhimji Zaveri said.

  • See tremendous increase in volumes ahead: TBZ

    See tremendous increase in volumes ahead: TBZ

    Sale of diamond jewellery reaps higher margins than gold, but, volume growth in gold jewellery will makeup for margins in absolute terms, says Prem Hinduja, CEO, Tribhovandas Bhimji Zaveri.

  • No concerns on HSBC stake sale; demand will rise in Q1: TBZ

    No concerns on HSBC stake sale; demand will rise in Q1: TBZ

    Allaying fears about the company‘s performance post HSBC stake sale in last week, Tribhovandas Bhimji Zaveri (TBZ), today said that demand for gold jewellery is expected to pick up from Apr-Jun due to wedding season and festivals.

  • TBZ plans to open 43 new stores by 2015, says MD

    TBZ plans to open 43 new stores by 2015, says MD

    Shrikant Zaveri, MD of jewellery company Tribhovandas Bhimji Zaveri (TBZ) said volumes have been quite good for the company in the first quarter and going forward, they are looking ahead to Q3 and Q4 for better performances.

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