[Stock idea] – Vaibhav Global…down 70% from high…can it bounce back?
Hello Sir, Hope you are doing well. I was recently reading about Vaibhav Global. The company has a unique business model, wherein it sources Jewelry, accessories, lifestyle products from India and other Asian countries and retails in US, UK and Germany through its 24 hours live shopping channels and websites/apps. The stock recorded a high of 1,000 odd levels in May’21 and currently trading around 300 odd levels, i.e., down 70% from peak. The management has been guiding for double digit…