Four years ago after my thorough research I decided to invest in VIP Industries (and I can’t remember what that research was). I invested twice in 2017 when the share price was just below ₹ 200. After that the share price climbed sharply resulting in more than 200% return in next one year. I patted myself on the back for my (non-existant) stock picking skills. Then came COVID. The COVID pandemic crash wiped off everything in one month. One month! I invested twice during the crash to accumulate more shares at lower prices. The returns have since recovered but it is nowhere near the 200% mark that I once saw.
Return
Profit
The COVID pandemic crash was probably the most severe for VIP Industries in my portfolio. From 170% profit to 20% loss in one month. And it made sense considering the travel ban imposed because of COVID. It has recovered but I am yet to see the astronomical heights that I saw in Sep 2018.
XIRR
NOTE: XIRR for initial months varies wildly and is not useful for any analysis. But once the investments complete minimum of 1 year, XIRR gives me a much better picture. So I calculate ‘XIRR (>1 year)’ which calculates XIRR only for the investments which have completed minimum of one year while ‘XIRR’ continues to calculate for all the investments irrespective of how much time has been completed. There are some periods where ‘XIRR’ and ‘XIRR (>1 year)’ calculate to the same amount as for that time all my investments had completed minimum of 1 year.
