HDFC Securities upgrades V-Mart Retail to Buy, target price Rs 3,500
HDFC Securities has upgraded V-Mart Retail to Buy from Reduce earlier with a target price of Rs 3,500. The current market price of V-Mart is Rs 2895.95. V-Mart Retail, incorporated in 2002, is a Mid Cap company with a market cap of Rs 5737.08 crore, operating in the Retail sector.
V-Mart Retail’s key products/revenue segments include Income from Retailing, Sale of services and Other Operating Revenue for the year ending 31-Mar-2024.
Financials
For the quarter ended 31-12-2024, the company has reported a Standalone Total Income of Rs 1030.11 crore, up 55.43% from last quarter Total Income of Rs 662.74 crore and up 14.19% from last year same quarter Total Income of Rs 902.08 crore. The company has reported net profit after tax of Rs…
