VIP Luggage Brand

Motilal Oswal expects improved margin stability across the sector, aided by moderation in discounting and a strategic shift towards profitability

At 09:30 AM, VIP Industries' shares were trading at ₹434.50, down by 4.92 per cent on the National Stock Exchange

Travel season boosts demand for premium luggage, accessories, and beauty on Myntra

Radhika Piramal, VIP's London-based vice-chairperson and daughter of chairman Dilip Piramal, appear reluctant to continue running the business and may look to sell stake in the firm

Travel/tourism-related stocks: Analysts suggest investors keep a selective 'buy on dips' strategy on the space entailing hotels, airlines, travel agents, ticket booking players, and luggage makers

Analysts expect that the travel sector is poised for a resurgence on the back of demand revival and increase in consumers confidence.

Market analysts hope the industry would recoup from the Covid-19 slump by FY22. Historical trends, they say, suggest that luggage industry sales witness strong rebound after two consecutive weak years

In its latest TV campaign, Aristocrat targets a wider audience following a brand revamp and a new celebrity endorser