VIP Clothing shares fall after Umbergaon factory sale for Rs 10.4 crore

Production will now happen at a central location from the company's factory in Tamil Nadu’s Thingalur.
Last week, Sunil Kumar Alagh, former Managing Director and Chief Executive officer of Britannia Industries, joined VIP Clothing as a Strategic Advisor.

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Apparel stocks run up in last one year, likely to see further upside

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