VIP Industries Likely Faces Some Challenges Post Leadership Transition -- Market Talk

Dow Jones
Feb 19

0609 GMT - VIP Industries likely faces some challenges post its leadership transition, Elara Securities (India)'s analysts say in a research report. Its performance has stayed weak during the past two years amid management churn, intense price competition and persistent margin pressure from slow-moving inventory, the analysts note. Following the leadership transition, the luggage manufacturer's strategic visibility is weak and brand and channel performance could take time to recover. The brokerage trims its revenue estimates for the Indian company by 3.6% for FY 2026, 2.2% for FY 2027, and 1.8% for FY 2028. It downgrades the stock's rating to accumulate from buy with an unchanged target price of INR430.00. Shares are 2.5% lower at INR360.70. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

February 19, 2026 01:09 ET (06:09 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10