V-Mart share price surges 13% post March quarter business update

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V-Mart share price surges 13% post March quarter business update - Business Standard

Quick Summary:

Last month, analysts at HDFC Securities upgraded V-Mart stock to 'Buy', from 'Reduce', given that V-Mart's recovery momentum from an unfavourable rural cycle, and past capital allocation stumbles remained on track.

With this the total number of stores now stands at 497 as at March 31, 2025," V-Mart said in its stock exchange filing.

On the operations from, V-Mart said it opened 13 new stores during the quarter, including four stores in Uttar Pradesh, two each in Bihar and Jharkhand, and one store each in West Bengal, Jammu and Kashmir, Assam, Arunachal Pradesh, and Tamil Nadu."YTD the company has opened 62 stores and closed 9 stores.