India's V-Mart Retail jumps after Q3 profit surge

V-Mart Retail

07/02/2024 04:23

** Shares of V-Mart Retail  VMAR.NS  jump 14.4% to 2,404.20
rupees after Q3 results 
    ** Stock on track for best day since Aug 2022; among top
gainers in Nifty 500 index  .NIFTY500   
    **  Dec-quarter profit up 41.4% Y/Y, revenue from operations
climb 14.4%
    ** Co says good festive demand in quarter helped increase
footfall by 23% 
    ** If gains hold, VMAR set to rise for third straight
session
    ** Stock up 16.4% YTD, outperforming Nifty 500 index which
has gained 3.5%     

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))