VIP Industries zooms nearly 5%

India Infoline News Service | Mumbai | August 24, 2017 14:04 IST

VIP Industries was buzzing during Thursday’s trade on the BSE as the stock soared as much as 5%.

Stock Market Up
VIP Industries was buzzing during Thursday’s trade on the BSE as the stock soared as much as 5%. The stock witnessed a spurt in volume by more than 1.03 times.
 
All brands of the company are doing well, with Skybags having the highest rate of growth, said Dilip Piramal, Chairman and MD of the company, while interacting with a business channel. He also informed that the company has taken a 6% price hike noting that the rupee’s stability and strength has aided the company’s margins.
 
VIP Industries was trading at Rs 212.45 per share, up by Rs 6.05 or 2.93%  as at 1246 hours on Thursday, on the BSE. The stock has hit an intraday high and low of Rs 216.40 and 206.90, respectively.
 
The stock attracted a traded volume of 10,98,047 shares and traded value of Rs 2,342.13 lakh on the NSE. The company had hit its 52-week high of Rs 217 on April 5, 2017, and 52-week low of Rs 112.10 on November 15, 2016, on the NSE.

***Note: This is a NSE Chart

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