VIP Industries is currently trading at Rs. 192.60, up by 6.85 points or 3.69% from its previous closing of Rs. 185.75 on the BSE.
The scrip opened at Rs. 185.85 and has touched a high and low of Rs. 194.00 and Rs. 183.35 respectively. So far 60527 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 216.90 on 06-Apr-2017 and a 52 week low of Rs. 112.30 on 22-Dec-2016.
Last one week high and low of the scrip stood at Rs. 194.00 and Rs. 171.50 respectively. The current market cap of the company is Rs. 2733.08 crore.
The promoters holding in the company stood at 52.51%, while institutions and non-institutions held 20.89% and 26.61% respectively.
VIP Industries has received an approval for investment of Rs 25 crore in the wholly owned subsidiary (WOS) companies to be incorporated in Bangladesh for carrying on activities of manufacturing and marketing of luggage, bags and other products. The board of directors at its meeting held on August 3, 2017 has approved or the same.
VIP Industries is engaged in the manufacturing of hard luggages and soft luggages. The company operates through two segments - Luggage, Bags & Accessories, and Furniture.
