Weekly Outlook: VIP Industries among Top Stock Picks. FII Net Buyers

Highlights of 1st April Fundamental Weekly Podcast

- Sensex-30 and the Nifty-50 index gained around 1.5%.

- Markets will look forward to a slew of economic data that will be released later this week and in the next week.

- RBI’s monetary policy committee meeting is scheduled for next week.

- FIIs bought to the tune of 3315 crores month till date

PICK OF THE WEEK – VIP Industries - TARGET - Rs 690

- In the long run, we expect:
(1) VIP to race ahead of competition with new launches
(2) Fully implemented cost-saving measures leading to margin expansion
(3) Push for e-commerce, digital marketing & Modern Trade channels for sales
(4) Prepare for more structural changes in the industry

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