V-Mart Retail News and Updates

Name: Latest research reports of V-Mart Retail Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: V-Mart Retail Ltd.
Rating: 3
Author: ICICI Securities Limited

Keep track of all breaking news on V-Mart Retail from all sources in a single place.

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V-Mart Retail Ltd.

15 May 2024

757.90

0.40%

Marathon, not a sprint; building momentum for turnaround

Hold: V-Mart Retail Ltd.

Target

ICICI Securities Limited

Key highlights from V-Mart Retail’s Q4FY24 result: (1) Steady 5% YoY SSSG in VMART, (2) sharp improvement in Unlimited SSSG at 13% (vs 1% in Q3) driven by higher volume growth despite 10% YoY reduction in ASP.

V-Mart Retail Ltd. has an average target of 1051.75 from 5 brokers.

V-Mart Retail Ltd.

09 Feb 2024

757.90

0.40%

Result Update:V-Mart Retail

Buy: V-Mart Retail Ltd.

Target

Axis Direct

Recommendation: With a 12% upside potential from the CMP, we maintain our BUY rating on the stock.

V-Mart Retail Ltd. has an average target of 1051.75 from 5 brokers.

V-Mart Retail Ltd.

07 Feb 2024

757.90

0.40%

Optimizes costs, improves metrics

Neutral: V-Mart Retail Ltd.

Target

Motilal Oswal

V-Mart Retail Ltd. has an average target of 1051.75 from 5 brokers.

V-Mart Retail Ltd.

16 Jan 2024, 12:00AM

757.90

0.40%

V-Mart Retail Ltd.

Hold: V-Mart Retail Ltd.

Recommendation Target

CD Equisearch

V-Mart Retail Ltd. has an average target of 1051.75 from 5 brokers.

V-Mart Retail Ltd.

08 Nov 2023

757.90

0.40%

Result Update:V-Mart Retail

Buy: V-Mart Retail Ltd.

Target

Axis Direct

With an 11% upside potential from the CMP, we maintain our BUY rating on the stock.

V-Mart Retail Ltd. has an average target of 1051.75 from 5 brokers.

V-Mart Retail Ltd.

07 Nov 2023

757.90

0.40%

V-Mart Retail Results Earnings Call for Q2FY24

Conference Call with V-Mart Retail Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript.

audio

V-Mart Retail Ltd.

07 Nov 2023

757.90

0.40%

Weak SSSG hurts profitability

Neutral: V-Mart Retail Ltd.

Recommendation Target

Motilal Oswal

V-Mart Retail Ltd. is trading below all available SMAs

V-Mart Retail Ltd.

11 Aug 2023

757.90

0.40%

Result Update:V-Mart Retail

Buy: V-Mart Retail Ltd.

Target

Axis Direct

We have maintained our FY24/25 EBITDA estimates as the demand environment and business are likely to stabilize in coming quarters and hence we maintain our BUY recommendation on the stock as most of the factors have already been reflected in the CMP.

V-Mart Retail Ltd. has an average target of 1051.75 from 5 brokers.

V-Mart Retail Ltd.

11 Aug 2023

757.90

0.40%

VMART tracking well; emerging business grapple with strategic interventions

Accumulate: V-Mart Retail Ltd.

Target

ICICI Securities Limited

Result has been underwhelming. Revenue growth was primarily led by retail expansion, while SSSG registered modest decline (-3%). Sharp correction (value repositioning) in ASP (-6%) impacted the revenue performance of Unlimited (+4% YoY) vs VMART (+15% YoY).