Value Investing

The Indian jewellery industry features several prominent players, each with its unique strategies and market focus. Tribhovandas Bhimji Zaveri (TBZ), Gitanjali Gems, Kalyan Jewellers, and PC Jeweller are key competitors in this sector. While they all cater to similar customer segments, their business models, growth strategies, and challenges vary considerably. This comparison will explore their strengths, weaknesses, financial health, and strategic positioning to provide a comprehensive analysis of these major jewellery retailers.