Unlimited Deal: Impetus to expansion in new regions
VMART announced the acquisition of Arvind Fashions’ Value Retail format ‘Unlimited
* The deal will g..
V-Mart Retail is currently trading at Rs. 2982.00, up by 50.00 points or 1.71% from its previous closing of Rs. 2932.00 on the BSE.
The scrip opened at Rs. 2960.00 and..
Good performance, revival in Bharat markets key
V Mart’s Q1FY23 performance was ahead of ..
Recovery impacted by rural/semiurban slowdown and price hikes taken during Q1; upgrade to BUY due to inexpensive valuation
V-Mart delivered a 20% SSSG decl..
Recovery continues to be impacted by rural/semi‐urban slowdown and Unlimited consolidation; maintain ADD
V‐Mart delivered a 3% SSSG decline in Q4 (vs p..
EBITDA up 50% YoY led by margin improvement and cost control
* Revenues from newly acquired Unlimited stores contributed 16% of revenue i.e. ~INR734m. Revenue for VMar..
V-Mart Retail is currently trading at Rs. 3824.55, up by 198.80 points or 5.48% from its previous closing of Rs. 3625.75 on the BSE.
The scrip opened at Rs. 3664.20 an..
Rural slowdown delayed recovery while inflation and higher cost of retailing at Unlimited impacted margins; maintain ADD
V‐Mart’s 9% SSSG decline i..
VMart channel check: “Unlimited” opportunities ahead
After acquiring 74 stores of “Unlimited” from Arvind Fashion, VMart aims to achieve profit..
Styling middle class India with solid execution
* V-Mart Retail currently operates 376 value fashion stores including Unlimited’s 74 stores acquired in July 2021..
V-Mart Retail is currently trading at Rs. 3723.55, up by 13.10 points or 0.35% from its previous closing of Rs. 3710.45 on the BSE.
The scrip opened at Rs. 3717.50 and..
Growth momentum returns; turnaround of Unlimited remains key
* VMART saw a resurgence in growth, with 12 store additions and 93% YoY jump in revenue, 8% above pre-COVI..
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