424.1500 4.15 (0.99%)
NSE Sep 02, 2025 15:31 PM
Volume: 631.6K
 

424.15
0.99%
Monarch Networth Capital Limited
We present an Investment Idea on VIP Industries (VIP) with a fair value in the range of Rs.550-600. The company is the undisputed market leader in the organized luggage industry with a market share of ~46%. Given the company's presence across different product categories, pricing points and wide distribution platform, we believe the company is in a sweet spot to capitalize on the growth with economies opening up. Further, adding to our enthusiasm are strong cost-cutting initiatives and an increase in sourcing from Bangladesh. These initiatives coupled with strong FCF generation and...
VIP Industries Ltd. has an average target of 398.00 from 3 brokers.
More from VIP Industries Ltd.
Recommended