CMP: 135

V.I.P Industries Limited manufactures brand name molded luggage, soft luggage and ABS luggage. The Company's products include briefcases, suitcases, handbags, carry bags and vanity cases. V.I.P. also provides travel related information, tips on destination and special deals on the Internet.

VIP industries is a good bet in budding mid-cap space. Its currently trading at a P/E of 28 with dividend yields of close to 1.50% in the last 12 months. Minimal liability. Revenues have risen steadily from 433 Crores to 743 Crores in the last 12 months. Profits have risen from 14 Crores to 62 Crores in the last 5 years. NPM has risen from 3% to over 8% over 5 years. Buy and hold for long term gains.