Vishal Mega Mart Stock Faces Headwinds, Brokerages Bullish

Business Standard · stocks

Vishal Mega Mart's stock has seen a 30 per cent decline over the past year due to competitive pressures and promoter stake sales. Despite these challenges, brokerages are optimistic about the retailer's future. This positive outlook is driven by double-digit same-store sales growth, ongoing expansion plans, and expected margin expansion resulting from increased scale. The recent price correction has also made its valuations more attractive compared to industry peers.