VIP Industries may go upto Rs 184-185: Rakesh Bansal

VIP Industries may go upto Rs 184-185, says Rakesh Bansal, CEO of rakeshbansal.com.

Bansal told CNBC-Awaaz, "Investors should buy VIP Industries with a trading perspective. The stoploss for this buying would be below Rs 165. The stock has support at Rs 165. It can touch Rs 184-185 in next 2-3 days time."
The company's trailing 12-month (TTM) EPS was at Rs 4.80 per share. (Sep 2011). The stock's price-to-earnings (P/E) ratio was 36.33. The latest book value of the company is Rs 14.24 per share. At current value, the price-to-book value of the company was 12.25. The dividend yield of the company was 1.15%.