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Tourism and hospitality ecosystem: Will it get hit harder due to the war’s second-order effect? 20 stocks to keep an eye onThe one thing that impacts the tourism and hospitality sector most is war. The reason is simple: Flights get disrupted, and the urge to tra...
India's luggage market to touch Rs 267 bn by 2028, branded segment to outperform: Motilal OswalIndia's luggage market is set for big growth. A new report forecasts a 12% annual rise, reaching Rs 267 billion by 2028. Weddings and incre...
How Safari Industries is navigating demands of new-age travellers, increased competition from D2C brandsCompetition from startups in the luggage industry, and evolving traveller demands has meant legacy players like Safari Industries need to i...
Samsonite cites discounting by rivals as India sales fallSamsonite attributes its weak performance in Asia to intense competition and discounting by VIP and Safari in India, impacting sales of its...
Nisaba Godrej quits VIP Board over differencesNisaba Godrej resigned as independent director from VIP Industries board due to differences in leadership accountability and succession pla...
Top luggage firms see slower growth in Q4Samsonite, Safari, and VIP Industries faced growth declines in India. Samsonite's business fell 10%, Safari's growth slid to 21%, and VIP I...
Lighthouse Funds invests Rs 229 crore in Safari IndustriesMid-market consumer and healthcare-focused fund Lighthouse Funds has invested Rs 229 crore in luggage maker Safari Industries through its r...
Best Trolley Bags in India: Stylish and Functional ChoicesAre you looking for the best trolley bags in India? If so, check out this article where we have shared one of the best options for luggage ...
Investcorp makes final exit from Safari IndustriesInvestcorp, the global investment manager, has sold its stake in luggage maker Safari Industries, realizing a total return of Rs 285 crore....
Buy Safari Industries (India), target price Rs 2476: Prabhudas LilladherSafari Industries (India) Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 1296.01 Crore) operating i...
India bags Samsonite's 2nd-largest market tag, overtakes China in last calendar yearTo be sure, Samsonite's China sales stood at $228 million in 2021 compared with India that clocked $140 million. India's revenues stood at ...
Luggage industry registers best-ever sales amid surge in travel, big Indian weddingsThe surge in travel and big-fat Indian weddings have pushed sales of the luggage industry. Big brands like Samsonite and Safari along with ...
Amazon Wardrobe Refresh Sale 2022: Minimum 50% off on LuggageShop the best selection of luggage on sale. From the variety of brands, find the perfect piece of luggage to fit your needs and budget. We ...
Best Luggage in IndiaWhen it comes to traveling and exploring different places, all you need is money for spending and a luggage bag for your belongings. With t...
Buy Safari Industries (India), target price Rs 1100: Axis SecuritiesSafari Industries (India) Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 1296.01 Crore) operating i...
Up 8,000% in 10 years! And Ashish Kacholia has just picked a stake in this stockThe purchase took place as the company lowered its revenue growth guidance to 15-20%.
These stocks made numerous crorepatis in 9 years, still have wind in their sailsThe industry has managed to bring in tremendous transformation in products over past few years.
- Buy Safari Industries (India), target Rs 650: Angel Broking
Buy Safari Industries (India) Ltd. at a price target of Rs 650.0 .
- Safari Industries Q1 net profit up 60.54 pc to Rs 96.94 lakh
The company's scrips were trading at Rs 135.50 per share, up 7.11 per cent in afternoon trade on the BSE.
- Costlier inputs push up moulded luggage price
Thanks to increasing pressure from input costs in recent months, prices of moulded luggage are on an upward spiral.