HDFC Securities upgrades V-Mart Retail to Buy, target price Rs 3,500 Jobbery Stock Market update

HDFC Securities has upgraded V-Mart Retail to a Buy rating with a target price of Rs 3,500. The Mid Cap retail company reported a standalone total income of Rs 1,030.11 crore for the quarter ending 31-Dec-2024, up 55.43% from the last quarter. The company’s stock price correction and improved rural cycle have influenced the rating.