Shares of Vaibhav Global hit a new high of Rs 4,513 after they rallied 8.5 per cent on the BSE in intra-day trade on Monday in an otherwise weak market. The company is an omni-channel e-retailer of fashion jewellery, accessories, and lifestyle products in developed markets with direct access to around 99 million households (FTE) through its TV home shopping networks – Shop LC in the US and Shop TJC in the UK. In the past three months, the stock has zoomed 115 per cent after it reported a strong operational performance for the quarter ended December 2020 (Q3FY21). In comparison, the S&P BSE Sensex has risen 7.7 per cent during the same period.