448.8000 10.75 (2.45%)
NSE Jul 10, 2025 15:59 PM
Volume: 1.6M
 

448.80
2.45%
Prabhudas Lilladhar
We cut our EPS estimates by 5%/7% for FY21E/FY22E and downgrade the stock from BUY to HOLD as 1) VIP has ceded market share due to rising competitive intensity 2) growth concerns can aggravate further if there is an extended factory shut down in China due to Coronavirus mayhem as only 60% of the requirements for 1QFY21 (strongest quarter) are currently hedged by placing advance orders and 3) extended slowdown in discretionary spending amid weak environment has structurally de-railed the growth momentum. Despite near term growth headwinds, margin performance has...
Number of FII/FPI investors decreased from 135 to 124 in Mar 2025 qtr
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