SP Tulsian of sptulsian.com told CNBC-TV18, "VIP Industries is facing problem because they have a very high import content. Going by the bottomline of Rs 23 crore I won't be too happy to take a positive call. I will advice that one should exit from the stock whenever we see a good rally maybe a level of Rs 50-51."
The share touched its 52-week high Rs 97.65 and 52-week low Rs 43.65 on 04 October, 2012 and 26 July, 2013, respectively. Currently, it is trading 51.41 percent below its 52-week high and 8.71 percent above its 52-week low. Market capitalisation stands at Rs 671.42 crore.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
