Safari Industries India rises as unit starts luggage production at Jaipur facility

Safari Industries (INDIA)

03/12/2024 08:29

** Shares of luggage manufacturer Safari Industries (India)
 SAFA.NS  rise 2.2% to 2,662.7 rupees, set for fourth straight
session of gains
** SAFA's unit Safari Manufacturing starts commercial production
of luggage at its new facility in Jaipur
    ** Analysts' avg recommendation on Safari Industries is a
"strong buy" vs "hold" for V I P Industries  VIPI.NS  - LSEG
data
    ** Median PT on Safari Industries is 2,667.50 rupees
    ** SAFA's shares are up around 36% so far this year, while
VIPI is down about 13%
     

(Reporting by Dimpal Gulwani in Bengaluru)
((dimpal.gulwani@thomsonreuters.com))