Manulife Global Fund Asian Small Cap Equity Fund has bought 10 lakh shares of VIP Industries through open market route. The shares were purchased on an average price of Rs 98.05 valuing the transaction to Rs 9.80 crore.
VIP Industries is engaged in manufacturing of moulded luggage (from high-density polyethylene), soft luggage (from nylon, polyester, jupolene, printed polyester) and ABS luggage (from acrylonitrile butadiene styrene plastic) including briefcases, suitcases, handbags, carry bags and vanity cases.
