Shares of VIP Industries Ltd. rallied 8% to reach a day’s high of Rs 563.60 on 4th October after the company announced its partnership with Unicommerce to streamline post-purchase e-commerce operations.

According to the company, this collaboration will allow VIP Industries to process orders more quickly across multiple online channels using a single integrated dashboard.

The company has adopted Unicommerce’s Multichannel Order Management and Warehouse Management Systems to automate order processing on its brand website and various marketplaces where it sells its extensive range of travel products.

As stated by Unicommerce in a regulatory filing, VIP Industries aims to ensure faster and more accurate product deliveries by simplifying its warehouse operations.

Unicommerce’s solutions will help VIP Industries manage the operational challenges of its product sizes, which include larger shipping labels and shipping combo bundles from multiple locations.

The firm’s market capitalisation stands at around Rs 7,985 crore.

At 1:30 PM, the shares of VIP Industries were trading 7.54% higher at Rs 562 on NSE.

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