vip industries

VIP Industries: Margin improvement will start from H2; holding on to guidance of 15% for FY25: VIP Industries MD

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VIP Industries: Margin improvement will start from H2; holding on to guidance of 15% for FY25: VIP Industries MD

Neetu Kashiramka, MD, VIP Industries, says that while this year the margin will be 15%, next year, it is going to be 18%. A 2-3% improvement in gross margin and a lot will happen to reduce overheads which are quite high now. All the work will start to show results starting H2 of this year. … Read more

Big movers on D-Street: What should investors do with IDFC First Bank, VIP Industries and Ambuja Cements?

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Big movers on D-Street: What should investors do with IDFC First Bank, VIP Industries and Ambuja Cements?

Domestic indices rallied for the second straight session on Thursday to end fiscal 2024 on a bullish note. The 30-share Sensex jumped 655 points to settle at 73,651 and the Nifty climbed 203 points to end at 22,326. Stocks that were in focus included names like IDFC First Bank, which fell 2.96%, VIP Industries, which … Read more