Motilal Oswal sees nearly 50% upside in Vishal Mega Mart, sets ₹165 target
Motilal Oswal retained its bullish view on Vishal Mega Mart after June-quarter revenue rose nearly 19% year on year. The brokerage cited margin expansion, private-label momentum and store additions, projecting 19% revenue and 27% PAT CAGRs for FY26–FY29E.
Motilal Oswal retained a bullish view on Vishal Mega Mart, setting a Rs 165 target versus a share price near Rs 110. It cited 19% June-quarter revenue growth, margin gains, private labels, store expansion and expected FY26-FY29 earnings growth.