Porinju Veliyath & Dolly Khanna Forum

Vaibhav Global once darling of the market had fallen to a 5 year low. It has again found it's lost glory . Vijay Kedia and Malabar have picked truckloads of Vaibhav Global. What is the view on this stock with the renewed interest?

valuepicker wrote:Vaibhav Global once darling of the market had fallen to a 5 year low. It has again found it's lost glory . Vijay Kedia and Malabar have picked truckloads of Vaibhav Global. What is the view on this stock with the renewed interest?

I am not sure of the business model. They sell some trinkets on TV at discount rates/ auction. Previously, a competitor emerged and they suffered losses. Not sure how they have won over the competitor and whether it is a temporary phase. Maybe it is better to look at other stocks with sustainable earnings.