V-Mart Retail Surges After Block Deal, Brokerage Upgrade
Shares of the Delhi-based departmental store chain operator, rose as much as 11.3 percent to record high of Rs 2,103.
Batlivala and Karani Securities has initiated coverage on the stock with a ‘Buy’ for target price of Rs 2,100, implying that the stock will increase 11 percent from yesterday’s close. As many as 75 lakh shares of V-Mart Retail changed hands in a single block in pre-market trading.
