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The Latest Breaking News from Vishal Mega Mart

Retailers keep price hikes in check amid rising input costs: Nuvama

Indian retailers are limiting price hikes despite volatile cotton, yarn and fabric costs and geopolitical supply-chain risks. Companies are adjusting sourcing, building safety stocks and selectively absorbing costs to protect demand. Value retail and electronics remain strong, while festive demand is expected to support growth after a softer second quarter.

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Tuesday

Indian equities ended lower after erasing early gains, with Sensex falling 172 points and Nifty 33 points. Rising bond yields, Iran sanctions uncertainty and weak Asian markets pressured sentiment. Metals outperformed, while banking stocks lagged. Analysts expect Tuesday volatility.

The Economic Times

Vishal Mega Mart shares soar 10% after CEO reappointment. Here's why Morgan Stanley sees 41% upside

Vishal Mega Mart surged after the company reappointed Gunender Kapur as Founder, MD & CEO for a five-year term through August 2031. Morgan Stanley retained its ‘Overweight’ rating, saying the move eases succession concerns and provides continuity to the retailer’s growth strategy, while maintaining a Rs 146 target price, implying…

The Economic Times

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Bought Maggi from Vishal Mega Mart, ended up in hospital: Consumer court slaps retailer with Rs 2.8 lakh penalty

A retail giant faced a significant penalty after selling expired Maggi noodles. The consumer commission ordered Vishal Mega Mart to pay a substantial fine. This action followed a customer's severe food poisoning after consuming the product. The commission highlighted the sale of expired goods as a public health concern. The…

The Economic Times

Vishal Mega Mart shares in focus as IPO lock-in expiry frees up shares worth Rs 10,813 crore for trade

Vishal Mega Mart shares made a strong market debut, listing with a 41% premium over the IPO price at Rs 110 on BSE in December 2024. Although the offer was entirely an OFS, Vishal Mega Mart's maiden public issue received healthy demand from all sets of investors, especially from the…

The Economic Times

IPO investors brace for 70 lock-in expiries worth $35 billion in three months. Do you own any?

According to Nuvama Alternative & Quantitative Research, the Indian stock market is set to witness a significant wave of lock-in expiries between May 26 and August 31, as shares of 70 recently listed companies worth nearly $35 billion become eligible for trading.

The Economic Times

Stocks in news: HAL, TMPV, Bharti Airtel, Anant Raj, Zydus Life, Tata Motors

Indian markets experienced a volatile yet stable session after a sharp sell-off, with the Nifty showing resilience. Key companies like HAL, Tata Motors, and Bharti Airtel are in focus due to quarterly results and news developments. Zydus Lifesciences is nearing a US acquisition, while Maruti Suzuki commits to green logistics.

The Economic Times

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JioBlackRock Flexi Cap Fund exits 3 AMC stocks, HAL, and 13 others in April

JioBlackRock Mutual Fund’s Flexi Cap Fund completely exited 17 stocks in April, including AMC companies and Hindustan Aeronautics, while adding 27 new stocks to its portfolio. The fund also increased exposure to several large-cap names and expanded its portfolio size from 107 to 117 stocks.

The Economic Times

Vishal Mega Mart picks Kotak, ICICI for mega IPO

Indian supermarket chain Vishal Mega Mart Pvt has picked banks as it presses ahead with a planned initial public offering in Mumbai this year, according to people familiar with the matter.

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