Chart Of The Day – VIP Industries Rockets to New High Post Solid Q1

VIP Industries reported strong set of numbers in Q1 FY 2019, delivering a revenue growth of 29.5% and EPS growth of 54.5%. The Company beat street expectations comfortably. Thanks to solid results, the stock rallied 7.9% and hit a new high. The stock is currently trading 15% above its pivot price of Rs 460.35.

VIP Industries_MarketSmithIndia