Thanks for bringing this to perspective.
I would say GIVA & Kushal Jewellery is more appropriate comparison to Gargi.
Clearly Gargi has a lot of work to do vs. them.
But one also needs to consider that Giva specially is more of a online focused brand vs. Gargi being more heavy on Brick & Mortar stores.
My person view: PNGS Gargi has to work a lot lot more of online work to do to even match competition like Giva / CaratLane & others.
Disclosure: Invested
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