V-Mart up 5% after Q1 biz update impresses investors; store sales up 11%

Quick Summary:

Shares of retail chain operator V-Mart Retail jumped as much 4.77 per cent to hit a fresh 52-week high of Rs 3,030.

The company positions itself as a value retail chain, offering affordable fashion and lifestyle products to customers in smaller Indian cities and towns.

Therefore, the total number of stores now stands at 448 as at June 30, 2024, which included 370 V-Mart stores and 78 Unlimited stores.

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Article Details

Category: BusinessFinance

Markets: India

Topics: V-Mart share price V-Mart stock level V-Mart stock price today NSE V-Mart Stock Price V-Mart share levels Buzzing Stock V-Mart stock levels V-Mart V-Mart Share price today V-Mart Retail V-Mart

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-03 @ 11:52:09 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 565 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21468671

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