GENERAL24 Sept 2026
Vishal Mega Mart share price dips | Here’s what brokerages see, share price target | Stock Market News
Vishal Mega Mart shares rose nearly 2% early on 24 September, then closed 1.13% lower at ₹105.20 on the BSE. Two brokerages, Emkay Global and Jefferies, still rate the stock a 'Buy'. They point to store expansion, private labels and quick commerce, with targets of ₹170 and ₹160. If you hold retail shares, treat these as analyst views, not guarantees.
Key Statutory Highlights
- Emkay Global kept its 'Buy' rating on Vishal Mega Mart with a target price of ₹170, expecting roughly 18% revenue growth and 27% profit growth between FY26 and FY29.
- Jefferies also kept a 'Buy' rating with a ₹160 target, noting that private labels account for more than 60% of FMCG volumes and around 74% of general merchandise sales.
- Quick commerce is still under 4% of the overall business, though it ranges from 2% to 10% at individual stores, and management says it is already cash breakeven.
Actionable Advice for Taxpayers / Founders:If you hold or plan to buy this stock, read the full brokerage reports and your own risk profile before acting, since these targets are analyst opinions and not assured outcomes.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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