 "VIP Industries")
Shares of VIP Industries vaulted 14 per cent to Rs 439 on the BSE in the intra-day trade on Thursday after the company posted turnaround numbers for the quarter ended June 30, 2021 (Q1FY22). At 10:45 AM, the stock was ruling 13 per cent higher at Rs 436.5 apiece on the BSE as against a 0.23 per cent gain in the benchmark S&P BSE Sensex.
VIP Industries, which is the leading manufacturer of hard and soft luggage in Asia, reported a consolidated net profit stood at Rs 2.53 crore in Q1FY22 compared with net loss of Rs 51.32 crore in the
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