India's V-Mart Retail jumps to 7-week high on strong growth in March quarter

V-mart Retail

06/04/2026 07:55

** Shares of India's V-Mart Retail VMAR.NS jump as much as 13.4% to 618 rupees, highest level since February 18

** VMAR gains for a second trading session after reporting strong Q4 revenue growth and double-digit same-store sales growth

** Brokerage Antique Stock Broking ("buy", raises TP to 842 rupees from 813 rupees) says co's performance came despite challenging demand environment, competitive intensity in value retail segment

** VMAR rated "strongbuy" on average by 14 analysts, median PT at 818 rupees -- LSEG data

** YTD stock down ~24%

 (Reporting by Surbhi Misra in Bengaluru)

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