VIP Industries stock is up by nearly 7% on 11 May on the back of recent stock ownership data which suggested that Rakesh Jhunjhunwala had increased his stake in VIP Industries. That assumes significance because Rakesh had actually cut his stake in some of his favourite stocks like Titan and Lupin in the recent past. Now Rakesh holds 5.31% in VIP Industries. He has added about 2,15,000 shares during the quarter to take his total holdings to over 75 lakh shares. However, these are not fundamental triggers and they are just sentimental triggers.