Brokerages have identified V-Mart Retail as a preferred pick on the back of superior same-store momentum, strengthened unit economics, and accelerating store expansion.
Vishal Mega Mart's growth is less capital-intensive, with a sizable portion coming from SSG, Emkay analysts noted.
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JM Financial assigned a target price of ₹175 per share for Vishal Mega Mart and said that it is one of the leading offline-first diversified retailers in India
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Vishal Mega Mart shares were buzzing in trade on August 14 after the company reported its Q1 resultss. Read on to find out brokerages' stock analysis and company outlook
Nuvama Institutional Equities said that Vishal Mega Mart and Swiggy will top the inflows with $287 million and $285 million, respectively
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Vishal Mega Mart and Swiggy are set to top the inflows with $287 million and $285 million, respectively, according to Nuvama
Vishal Mega Mart share price rose 2 per cent on Wednesday, registering an intraday high at ₹140 per share on BSE; Motilal Oswal initiates 'Buy'
Vishal Mega Mart share price jumped 5.1 per cent in trade on BSE amid large trades. It registered an all time high at ₹140.45 per share
A 25-year-old shopper was found dead inside a lift in Vishal Mega Mart after a fire broke out there, police said on Saturday. Kumar Dhirender Pratap likely died of suffocation, they said. A search party composed of police, the fire department, and the disaster response unit found his body. At 6.51 pm on Friday, Dhirender began a streak of messages to his elder brother from inside the lift. "Bhaiya (brother)" followed by, "Hum lift mein hoon. Gas (sic) gaye hain. Karol Bagh Mega Mart." His final message, also sent at 6.51 pm, read, "Ab saans phool raha. Kuchh karo" (I am short of breath now. Do something). There were no further messages from him. The fire was reported at 6.44 pm from the second floor of the four-storey building on Padam Singh Road. "This is a Vishal Mega Mart outlet where grocery and fabric items are sold. The fire was confined mainly to the second floor," a Delhi Police statement said. Thirteen fire tenders were pressed into service to control the blaze. The ca
US-based Vanguard Group on Friday bought a 1.1 per cent stake in supermarket chain Vishal Mega Mart for Rs 655 crore through open market transactions. Following the stake buy, shares of Vishal Mega Mart rose 2.12 per cent to close at Rs 128.80 apiece on the National Stock Exchange (NSE). Investment management company Vanguard Group, through its affiliates, purchased more than 5.04 crore equity shares in two tranches, representing a 1.1 per cent stake in Gurugram-based Vishal Mega Mart, as per bulk deal data on the NSE. The shares were acquired at an average price of Rs 129.74 apiece, taking the combined deal value to Rs 655.16 crore. Details of the sellers of Vishal Mega Mart's shares could not be ascertained on the NSE. On Tuesday, Samayat Services LLP, one of the promoter entities of Vishal Mega Mart, divested a 19.6 per cent stake in the company for Rs 10,220.40 crore. Samayat Services LLP is a special-purpose vehicle owned by private equity firm Kedaara Capital and ...
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Vishal Mega Mart shares fell as much as 9.09 per cent after 937 million shares, representing a 20 per cent stake, changed hands
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As per the latest stock exchange records, Samayat Services LLP currently owns a 74.5 per cent stake in the fashion-focused hypermarket chain
The security guard job posting by Vishal Mega Mart has unexpectedly gone viral and turned into a viral meme sensation
The hypermarket chain operator's stock rose as much as 9.99 per cent during the day to ₹118.4 per share