India's Vishal Mega Mart rises on Q4 profit jump

Vishal Mega Mart

30/04/2025 05:44

** Shares of Vishal Mega Mart VSSL.NS rise as much as 9.1% to 117.52 rupees, highest intraday pct gain since listing last year

** The budget retailer on Tuesday reported 88% Y/Y rise in Q4 consol net profit, rev from ops rose 23.2% Y/Y

** More than 44 mln shares change hands, 3.1x of 30-day avg

** Avg rating of eight analysts equivalent of "buy", median PT is 125 rupees - data compiled by LSEG

** Since listing in mid December, stock has risen 12.8%

 (Reporting by Ashish Chandra in Bengaluru)

 ((ashish.chandra@thomsonreuters.com (+91 7982114624))