V-Mart Retail rose 3.07% to Rs 1,497.45 at 12:30 IST on BSE, with the stock extending recent gains.
Meanwhile, the S&P BSE Sensex was up 112.96 points, or 0.36% at 31,371.81. The S&P BSE Small-Cap index was down 6.28 points, or 0.04% at 15,461.59.
High volumes were witnessed on the counter. On the BSE, 28,000 shares were traded on the counter so far as against the average daily volumes of 12,767 shares in the past one quarter. The stock had hit a high of Rs 1,547.85 so far during the day, which is also its record high. The stock hit a low of Rs 1,475.30 so far during the day. The stock had hit a 52-week low of Rs 440 on 8 September 2016.
The stock had outperformed the market over the past one month till 21 August 2017, advancing 19.52% compared with the Sensex's 2.4% fall. The scrip had also outperformed the market over the past one quarter gaining 53.93% as against the Sensex's 2.61% rise. The scrip had also outperformed the market over the past one year advancing 184.87% as against the Sensex's 11.33% rise.
The small-cap company has equity capital of Rs 18.10 crore. Face value per share is Rs 10.
Shares of V-Mart Retail have rallied 38.65% in the seven trading sessions from its close of Rs 1,079.95 on 11 August 2017.
The stock have rallied 22.68% in two trading sessions from its close of 1,220.60 on 18 August 2017, after the company announced strong Q1 results after market hours on Friday,18 August 2017, The stock had surged 19.03% to settle at Rs 1,452.85 yesterday, 21 August 2017.
V-Mart Retail's net profit spurted 138.6% to Rs 22.36 crore on 38.8% increase in net sales to Rs 315.13 crore in Q1 June 2017 over Q1 June 2016.
V-Mart Retail is a medium-sized hypermarket format retail chain based in New Delhi. It is a multi-brand family retail store offering apparels, general merchandise and kirana.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
