V-Mart Retail rises on planning to take stores count to 275 in FY20

24 Oct 2019 Evaluate

V-Mart is currently trading at Rs. 1970.00, up by 2.60 points or 0.13% from its previous closing of Rs. 1967.40 on the BSE.

The scrip opened at Rs. 2000.00 and has touched a high and low of Rs. 2006.10 and Rs. 1970.00 respectively. So far 254 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2903.90 on 30-Nov-2018 and a 52 week low of Rs. 1698.30 on 23-Aug-2019.

Last one week high and low of the scrip stood at Rs. 2128.80 and Rs. 1956.25 respectively. The current market cap of the company is Rs. 3579.71 crore.

The promoters holding in the company stood at 51.99%, while Institutions and Non-Institutions held 36.36% and 11.64% respectively.

V-Mart Retail is planning to take the total stores count to 275 in the current financial year (FY20). The company will also invest Rs 115 crore in expanding its operations in the country.

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

2133.25 29.65 (1.41%)
28-Mar-2024 16:01 View Price Chart
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