Whalesbook
Malabar Gold's Divestment
Malabar Gold and Diamonds offloaded 5.28 lakh shares, representing 0.79 percent of paid-up equity, in Tribhovandas Bhimji Zaveri (TBZ). The transaction, executed through open market channels on January 19, was valued at Rs 8.75 crore, with shares sold at Rs 165.54 each. This sale reduced Malabar Gold's holdings in the 1864-established jewellery retail chain. As of December 2025, Malabar Gold had held a 2.89 percent stake in TBZ.
TBZ Stock Performance
Shares of Tribhovandas Bhimji Zaveri edged up 0.88 percent to close at Rs 164.73. However, the stock continues to trade below its significant moving averages, indicating ongoing pressure. The company is a prominent jewellery retail chain with a long-standing presence in the Indian market.
Other Major Trades
The trading session on January 19 also saw activity in Gabion Technologies India and Greenleaf Envirotech. PESB Alpha Fund, an alternative investment fund managed by Pune E-Stock Broking, acquired 99,200 equity shares, or 0.73 percent, in Gabion Technologies India for Rs 91.18 lakh at Rs 91.92 per share. Despite this acquisition, Gabion Technologies shares declined 3.4 percent to Rs 91.78.
Meanwhile, Unicorn Fund reduced its exposure to Greenleaf Envirotech, an environmental solutions provider. The fund offloaded 31,000 shares, constituting a 0.52 percent stake, for Rs 45.84 lakh at Rs 147.89 per share. Greenleaf Envirotech shares consequently fell 3.64 percent to Rs 147, extending a downtrend and nearing the lower Bollinger bands.