Nuvama sees V-Mart Retail as top pick in apparel and footwear: 3 key reasons
- Posted on August 28, 2025
- By Financial Express
- 2 Views
Nuvama sees V-Mart Retail as top pick in apparel and footwear: 3 key reasons
Nuvama Institutional Equities picks VMart Retail as the top pick in Apparel and Footwear due to its focus on the value segment, rapid growth, and aggressive expansion. Despite SSSG pressure, VMart reports 52% YoY revenue growth and 177% net profit growth in Q1FY26. Margins also improve with 40% EBITDA growth.
