Five years back when I invested in VIP Industries I wasn’t really serious about it. I made small investment in it and forgot about it. But then like Divi’s Laboratories the share price exploded. And then it imploded when COVID-19 hit, because who is going to buy travel bags when you are in lockdown. Five years later with 30% XIRR, I now think I should have invested more. Below are my key takeaways.
- I have invested four times across these four years. But in the past one year I did not make any new investment in it.
- At 30% XIRR, my investment in VIP Industries has outperformed Nifty 50 Index which would have been at 18%. Heck, it even outperformed HDFC Bank and Pidilite Industries. But considering the small principal it doesn’t really move the needle for me.
- VIP Industries is one the most volatile stocks in my portfolio. During COVID-19 market crash my returns went from positive 170% to negative 20%. Although, it has stabilised a bit in the past one year.
- The company pays dividends regularly except during COVID-19, which is totally understandable.
- Surprisingly, the Russian invasion of Ukraine had very little effect on the stock price of VIP Industries.
Returns
Profit
XIRR
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