V I P Industries Hits 52-Week Low Amid Broader Consumer Durables Sector Decline

Jan 13 2025 03:05 PM IST
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V I P Industries has reached a new 52-week low, with its stock price declining significantly. The company has underperformed in the consumer durables sector, which has also faced challenges. Over the past year, V I P Industries has experienced a notable drop in performance compared to the broader market.
V I P Industries, a midcap player in the consumer durables sector, has reached a new 52-week low, with its stock price hitting Rs. 425 on January 13, 2025. This decline is notable, as the stock has underperformed its sector by 2.51% today and has experienced a total drop of 11.34% over the past four days.

Today's trading saw an intraday low of Rs. 425, reflecting a decrease of 6.31%. The stock is currently positioned below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. In the broader market context, the consumer durables sector has also faced challenges, with an overall decline of 3.42%. Over the past year, V I P Industries has seen a performance drop of 25.95%, contrasting sharply with the Sensex, which has gained 5.27% during the same period.
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