IS IT TIME TO ADD VIP INDUSTRIES @128
VIP industries is a goog long term story. Now having signed up with DELSEY, the company is looking at a 30 percent compounded annual growth over the next five years. This scrip will provide the right kind of diversification in any portfolio. 25% dividend is expected in this month. Face value is 10. In NSE, the % of Deliverable Quantity to Traded Quantity is 70.4 today, which I believe is a good indicator of accumulation.
Note : I have significant exposure in this stock from 100 levels.
