V-Mart Retail shines on reporting 11% rise in Q1 net profit

24 Jul 2018 Evaluate

V-Mart Retail is currently trading at Rs. 2427.05, up by 60.00 points or 2.53% from its previous closing of Rs. 2367.05 on the BSE.

The scrip opened at Rs. 2468.00 and has touched a high and low of Rs. 2485.40 and Rs. 2320.00 respectively. So far 53160 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 3288.00 on 09-Jul-2018 and a 52 week low of Rs. 1018.00 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 2,485.40 and Rs. 2,129.85 respectively. The current market cap of the company is Rs. 4408.56 crore.

The promoters holding in the company stood at 54.05%, while Institutions and Non-Institutions held 34.58% and 11.37% respectively.

V-Mart Retail has reported a rise of 11.23% in its net profit at Rs 24.87 crore for the quarter ended June 30, 2018 as compared to Rs 22.36 crore for the same quarter in the previous year. Total income of the company increased by 14.50% at Rs 362.09 crore for Q1FY19 as compared Rs 316.23 crore for the corresponding quarter previous year.

V-Mart Retail is one of the pioneers in setting up stores across various small Indian towns and cities. The company primarily operates in Tier-II and Tier-III cities, with a chain of ‘value retail’ departmental stores offering apparels, general merchandise and kirana, catering to the entire family.


V-Mart Retail Share Price

3786.80 -68.95 (-1.79%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 3408.50
Aditya Birla Fashion 282.25
Trent 6829.00
Vishal Mega Mart 101.11
Electronics Mart Ind 170.05
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