Accumulate VIP Industries on dips, says Neeraj Deewan

Neeraj Deewan of Quantum Securities told CNBC-TV18, "The kind of numbers which have come in VIP Industries have been really good. Earlier we have seen some quarters where the stock was not doing so well and it was also underperforming. However, with these kind of numbers coming back, valuation wise even after the rise that we have seen today, the stock still it is attractive and with the growth coming back again in the stock, even at these levels, on any dip VIP can be accumulated."VIP Industries closed at Rs 102.55, up Rs 16.70, or 19.45 percent. It has touched an intraday high of Rs 103 and an intraday low of Rs 86.