News for VIP Industries Limited (VIPIND.NS)

The Indian stock market ended in the green for the second day, supported by gains in financials and Reliance Industries despite pressure from pharma and auto stocks. Analysts cited volatility due to US bond yields and dollar strength, with positive sentiment persisting above 23,000 on the Nifty index.

VIP has grown both organically and inorganically, over the years..VIP acquired the London-based Carlton in 2004 and merged with Aristocrat Luggage Ltd in 2007.

Oct 24, 2024 / 06:30AM GMTOperator Ladies and gentlemen, good day. And welcome to the Q2 and H1 FY25 earnings conference call of VIP Industries Limited. (Operat

Indian indices extended their losing streak for the sixth consecutive session, dragged by corporate earnings concerns and Middle East tensions. Nifty fell 0.87% to 24,795, and Sensex dropped 0.78%. Analyst Rupak De sees a bearish trend, with support at 25,400. Jatin Gedia sees a short-term target of 24,500.

Indian benchmark equity indices, the Sensex and Nifty, experienced their fifth consecutive decline on Friday, recording their worst weekly performance in over two years. Escalating tensions in the Middle East and rising foreign outflows contributed to investor unease. The Nifty 50 index fell 0.93% to 25,014, while the S&P BSE Sensex decreased by 0.98% to 81,688.

VIP Industries Share Price: Ace investor Vijay Kedia's Kedia Securities acquired a stake worth Rs 39.59 crore in VIP Industries, causing the company's shares to rise by 6% to Rs 589.95 on the BSE. Kedia purchased 7.25 lakh shares at Rs 545.97 each. VIP Industries is India's largest luggage manufacturer, with a significant portion of its equity held by public shareholders.

Indian indices hit record highs on Thursday, following the US Fed's rate cut. Analysts expect Nifty to consolidate in the 25,200-25,550 range unless it decisively breaks above 25,550. Support is at 25,350 and 25,175-200.

VIP Industries Limited dissociates from divisive viral video, trading at ₹498.35, takes legal action, urges public to report.

Aug 07, 2024 / 05:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the Q1 FY25 earnings conference call of VIP Industries Limited. (Operator Inst

Stock Market: 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.

Amid political turmoil in Bangladesh potentially driving textile companies to outsource to countries like India, textile stocks surged on Tuesday. Gokaldas Exports, Century Enka, and SP Apparels saw gains of up to 18%. Gokaldas Exports hit a 52-week high of Rs 1,089.40 on the NSE, driven by expectations of increased textile exports from India.

A Mint review of filings made by public companies to the National Stock Exchange (NSE) showed that between 1 April and 27 July, large public institutions opposed at least 137 resolutions of 1,300—about one in 10—put forth by 650 companies.

Shares of BLS International Services and other top tourism stocks have seen remarkable growth post-lockdown, with returns ranging from 1,222% to 4,721%. The newly launched Nifty Tourism index tracks 17 constituents, offering investors a diversified approach to the booming tourism sector.

The MACD is known for signaling trend reversals in traded securities or indices. When the MACD crosses above the signal line, it gives a bullish signal, indicating that the price of the security may see an upward movement and vice versa.

Nifty on Tuesday ended flat to form an indecisive Doji candle on the daily charts. The immediate resistance for Nifty is at 22,500, and a break above this on a closing basis would signal a resumption of the upward movement.

The Nifty opened lower and soon reversed course to trade higher, but was unable to sustain momentum and dropped as much as 0.5% during the session.

A long build-up was seen in 72 stocks, including DLF, Gujarat Narmada Valley Fertilizers, JK Cement, Exide Industries, and Lupin

Smallcap companies are stealing the show and driving growth for portfolios of retail investors, with mid and smallcap indices already at record highs. A study by ETMarkets showed the FY23 EPS of 116 smallcaps surged by over 100%, with at least 11 of these companies reporting growth of more than 1,000%. Telecom firm Vindhya Telelinks topped the list, with its EPS increasing 9,488% to Rs 156.37, while multibagger stock Ramky Infrastructure saw a 4,729% spike to Rs 164.83. Analysts recommend investing in small companies with high growth rates and low starting valuations to maximise returns.

Based on the OI percentage, 79 stocks were on the short-covering list. These included Escorts, Shriram Finance, National Aluminium Company, Bharat Forge, and Vedanta.