- Manoj Vaibhav Gems ‘N’ Jewellers Ltd is in the retail business of Jewellery MVGJL is a hyperlocal jewellery retail chain that is involved in retailing gold, silver, diamond, platinum, and various studded jewellery.
- Company has 11 showrooms of which 9 are in Andhra Pradesh and the rest are in Telangana with a single state accounting for around 92% of its revenue in FY23.
- The company opened 1 showroom in Rajam, Andhra Pradesh, and another 1 in Mancherial, Telangana in March 2024.
Company is having PE ratio 10 Book Value Ratio of 2X.
- 𝗜𝗻𝘁𝗿𝗶𝗻𝘀𝗶𝗰 𝗩𝗮𝗹𝘂𝗲 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁 50%
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