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Posts tagged Vishal Mega Mart

Vishal Mega Mart is a play on rising aspirations in Tier 2+ India. Buy for target price of ₹165 (20% upside): Motilal Oswal



Vishal Mega Mart share price target

Vishal Mega Mart (VMM) is one of India’s largest offline-first value retailers, catering to a population of ~1b across the middle- and low-income segments. VMM is a unique Indian retailer with: 1) a strong presence in tier 2+ cities (696 stores in 458 cities); 2) well-diversified exposure to key consumption baskets—Apparel (44%), General Merchandise (GM) & Fast-Moving Consumer Goods (FMCG; both ~28%); 3) a strong and affordable private brands portfolio (73% revenue share); and 4) one of the lowest cost structures in the industry

Vishal Mega Mart is well placed for sustained profitable growth. BUY for target price of ₹140 (32% upside): ICICI Securities



Vishal Mega Mart share price target

Vishal Mega Mart’s (VMM) private label strategy in FMCG (~27% of revenue) has been important for its success story, redefining value for consumers. Our primary research outcomes: 1) High presence of large-pack SKUs and 2) reputed manufacturers for its private label brands. Both these features imply its focus on consumers seeking true value in FMCG by purchasing large packs private label brands without compromising on quality

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