Vip Industries: Spurt in Gross Margins a Key Positive Surprise
VIP has, over the years, maintained balance sheet prudence with stringent working capital policy, virtually debt free status and healthy RoCE: 30%+...
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VIPIND: The company has implemented close to ~ Rs 170 crore fixed cost savings in FY21 (overall o...
The company has implemented close to ~ Rs 170 crore fixed cost savings in FY21 (overall opex down 51% YoY in FY21). VIP believes ~50% (Rs 80-85...
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Result Update:V I P Inds.
We introduce FY24 estimates and believe, VIP will be able to bounce back to its leadership position in the industry thus driving us to upgrade the...
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