V-Mart Retail Ltd
VMART

746.70

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

750.00

Open ()
Turnover (lac)
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Day's Vol.(shares)
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Accumulate
Reco. Price
Rs 873.00
We recommend an ACCUMULATE as we expect new stores in Tier III & IV towns to boost revenues. Attractive discount offers ahead of festive season are expected to boost revenues further. Since, the stock is trading at 47.3x FY17E EPS, we see limited upside in the stock. (Target Price- Rs.929)
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50 DMA (.)
634.35
100 DMA (.)
557.06
200 DMA (.)
527.34
Weekly Range (.)
720.00
855.00
Monthly Range (.)
678.75
883.00
52 Weeks Range (.)
440.00
883.00
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