Vip Industries Result Analysis
Rakesh Jhunjhunwalal has always interest in this stock and even after selling it once; he again bought it during the coronavirus crisis.VIP Industries Ltd is an Indian company that manufactures luggage and travel accessories. It is based in Mumbai, India, and is the world's second-largest and Asia's largest luggage maker. The company has more than 8,000 retail outlets across India and a network of retailers in 50 countries.
Coronavirus crisis is going to cast an impact on this company as the tourists are not going to move out and thus sales will be lackluster. Thus take investment in this stock with utter precaution with a minimum 2-year time frame.
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