Can this jewellery seller turn around its fortunes?

Gold has surged a remarkable 20 per cent in the last 12 months. As a result, many traditional jewellery companies have seen their share prices soar. However, not all have enjoyed such fortunes. Take Vaibhav Global, for instance. Despite investments from prominent figures like Vijay Kedia and Ashish Kacholia, this company's returns have lagged behind the broader market over the last 10 years. No shine for Vaibhav Global Comparing six-month returns of major jewellery companies Name 6M return (%) Kalyan Jewellers India 22 Titan 1 PC Jewellers 66 Vaibhav Global -12 SBI Gold ETF 21 *Return calculated as of May 10, 2024 This intrigued us and made us delve deeper into its performance history. But first, let us understand what Vaibhav Global is all about.