Business Standard

Vip Industries

VIP Ind up 7% on reports Advent Int'l may acquire controlling stake

The promoters of VIP Industries have put their entire stake (51.74 percent) up for sale, which could trigger an open offer as per regulatory guidelines, the report added

VIP Ind up 7% on reports Advent Int'l may acquire controlling stake
Updated On : 21 Nov 2024 | 12:40 PM IST

Angel One, Zee, VIP Inds: Down over 20% in 2024; how should you trade here?

A total of 19 stocks have declined over 20% thus far in the calendar year 2024, even as the Sensex and Nifty have rallied up to 14%; here are the key levels to watch out on these 6 stocks.

Angel One, Zee, VIP Inds: Down over 20% in 2024; how should you trade here?
Updated On : 23 Aug 2024 | 12:18 PM IST

Nisaba Godrej resigns from VIP Industries board over leadership differences

Radhika Piramal, VIP's London-based vice-chairperson and daughter of chairman Dilip Piramal, appear reluctant to continue running the business and may look to sell stake in the firm

Nisaba Godrej resigns from VIP Industries board over leadership differences
Updated On : 06 Jun 2024 | 2:25 PM IST

Nisaba Godrej resigns as independent director from VIP Industries board

Godrej Consumer's executive chairperson Nisaba Godrej has resigned as an independent director from the board of luggage and travel accessories maker VIP Industries, citing differences over leadership accountability and succession planning. The resignation of Godrej group scion as an independent director came on June 3, VIP Industries said in a stock exchange filing on Tuesday. Godrej in her resignation letter said: "Due to my differing view on leadership accountability and succession planning, I will be resigning from the Board effective June 3rd, 2024." The board of VIP Industries is led by Dilip Piramal as Chairman of the Rs 2,250-crore company. Nisaba Godrej was reappointed to the board of VIP Industries in April 2021 as an independent director and her term was ending on March 31, 2026. She attended all five meetings held in FY23 and has voluntarily waived off receipt of sitting fees for any meetings attended by her, said the annual report of the company. In her resignation le

Nisaba Godrej resigns as independent director from VIP Industries board
Updated On : 06 Jun 2024 | 1:47 PM IST

How is Amit Shah's portfolio performing as BJP limps in Lok Sabha polls?

Other major holdings in his portfolio encompass ITC (down 3%), VIP Industries (down 7%), Infosys (down 1.5%), Grindwell Norton (down 3.5%), Cummins India (down 13%)

How is Amit Shah's portfolio performing as BJP limps in Lok Sabha polls?
Updated On : 04 Jun 2024 | 1:26 PM IST

VIP Industries stock can rally up to 18% from here, technical charts show

Shares of VIP Industries have under-performed its benchmark NSE 250, with a fall of nearly 29 per cent as against a rally of 67 per cent in the last 18 months.

VIP Industries stock can rally up to 18% from here, technical charts show
Updated On : 15 Apr 2024 | 12:48 PM IST

VIP Industries surges 13% after management unveils plans for FY25

VIP Industries was trading 12.5 per cent higher at Rs 523.65, as compared to 0.8 per cent gain in the S&P BSE Sensex

VIP Industries surges 13% after management unveils plans for FY25
Updated On : 28 Mar 2024 | 1:07 PM IST

This Ashish Kacholia owned travel stock has zoomed over 100% since April

Safari Industries hit a new high at Rs 4,373 and has rallied 25% in past 11 trading sessions.

This Ashish Kacholia owned travel stock has zoomed over 100% since April
Updated On : 05 Oct 2023 | 11:00 AM IST

Amber, FSL, Balaji Amines: 5 smallcap stocks that can fall up to 14%

Despite the recent downturn, the broader trend for the Nifty SmallCap index is likely to remain positive as long as the index holds above the 12,050-level.

Amber, FSL, Balaji Amines: 5 smallcap stocks that can fall up to 14%
Updated On : 13 Sep 2023 | 12:02 PM IST

VIP Ind, NBCC: 5 small-caps to accumulate despite indices staying fragile

Selective small-cap stocks may rally up to 25 per cent, as per their respective charts

VIP Ind, NBCC: 5 small-caps to accumulate despite indices staying fragile
Updated On : 18 Aug 2023 | 12:08 PM IST

VIP Industries posts net loss of Rs 4.26 crore in Q4; revenue up 26.6%

Luggage maker VIP Industries Ltd on Monday reported a consolidated net loss of 4.26 crore for the fourth quarter ended March 2023, impacted by an exceptional loss. The company had posted a net profit of Rs 12.39 crore in the January-March quarter a year ago, VIP Industries Ltd (VIL) said in a BSE filing. However, its revenue from operations increased 26.6 per cent to Rs 450.57 crore during the quarter under review against Rs 355.90 crore in the year-ago period. During the quarter, VIL reported a loss of Rs 47.21 as an exception item. This was related to a loss of property, plant and equipment and inventories that were destroyed due to a major fire at a plant of the company's subsidiary in Bangladesh on January 31, 2023. VIL's profit before exceptional items stood at Rs 40.79 crore. This is "reflective of enhanced cost efficiencies across the value chain and strategic shift to in-house manufacturing coupled with softening trend on input costs," said VIL Managing Director Anindya ..

VIP Industries posts net loss of Rs 4.26 crore in Q4; revenue up 26.6%
Updated On : 08 May 2023 | 9:14 PM IST

IHCL, IndiGo, IRCTC: Analysts bet on travel stocks ahead of holiday season

Travel/tourism-related stocks: Analysts suggest investors keep a selective 'buy on dips' strategy on the space entailing hotels, airlines, travel agents, ticket booking players, and luggage makers

IHCL, IndiGo, IRCTC: Analysts bet on travel stocks ahead of holiday season
Updated On : 26 Apr 2023 | 11:15 AM IST

Luggage stocks in focus: Safari, VIP Inds surge up to 7% on demand revival

Analysts expect that the travel sector is poised for a resurgence on the back of demand revival and increase in consumers confidence.

Luggage stocks in focus: Safari, VIP Inds surge up to 7% on demand revival
Updated On : 18 Jul 2022 | 10:36 AM IST

Uptrend likely to resume in Jubilant Foods, VIP Inds, says Vaishali Parekh

Both the stocks seem to have bottomed out after a decent correction and now indicate a trend reversal on the charts, says the technical analyst from Prabhudas Lilladher

Uptrend likely to resume in Jubilant Foods, VIP Inds, says Vaishali Parekh
Updated On : 01 Nov 2021 | 7:41 AM IST

VIP Industries back in the black in Q1FY22; stock zooms 14%

The company's consolidated net profit stood at Rs 2.53 crore in Q1FY22 compared with net loss of Rs 51.32 crore in the year-ago period.

VIP Industries back in the black in Q1FY22; stock zooms 14%
Updated On : 12 Aug 2021 | 11:05 AM IST

Jhunjhunwala trims stake in Titan, 2 others in Q4; buy Fortis Healthcare

During the March quarter of the financial year 2020-21 (Q4FY21), Rakesh Jhunjhunwala offloaded a 0.26 percentage point stake, or 2.25 million shares, in Titan Company

Jhunjhunwala trims stake in Titan, 2 others in Q4; buy Fortis Healthcare
Updated On : 15 Apr 2021 | 2:56 PM IST

Biocon, VIP Ind: Trading calls by Vaishali Parekh of Prabhudas Lilladher

RSI Indicator has given 'buy' signals on Biocon and VIP Industries' stocks

Biocon, VIP Ind: Trading calls by Vaishali Parekh of Prabhudas Lilladher
Updated On : 22 Mar 2021 | 8:20 AM IST

Infosys, PI Industries, ICICI Bank: Top picks of brokerages for Samvat 2077

According to Axis Securities, the small and midcaps are picking up steam and they should deliver solid returns in 2021 as economic uncertainties will reduce and volatility will decline

Infosys, PI Industries, ICICI Bank: Top picks of brokerages for Samvat 2077
Updated On : 11 Nov 2020 | 2:44 PM IST

Stock picks by Prabhudas Lilladher: Buy Indian Hotels, VIP Industries

The stock of Indian Hotels has recently bottomed out near 90 levels and has picked up momentum to improve the bias

Stock picks by Prabhudas Lilladher: Buy Indian Hotels, VIP Industries
Updated On : 05 Oct 2020 | 8:06 AM IST

Market Ahead, May 27: All you need to know before the opening bell

Today, a total of 21 companies, including Dabur India, Sun Pharma, and United Spirits are scheduled to announce their results.

Market Ahead, May 27: All you need to know before the opening bell
Updated On : 27 May 2020 | 8:13 AM IST