Whalesbook
Motilal Oswal's latest report maintains a BUY rating on Vishal Mega Mart, setting a revised target price of INR180. The brokerage highlights the company's strong performance, with approximately 22% year-on-year revenue growth driven by 25 new store additions and robust same-store sales growth (SSSG) of around 12.8%. Margins also saw expansion due to operating leverage and cost controls. Motilal Oswal remains optimistic about consumer sentiment and the company's growth strategy.