Stock of Interest

Posted On: October 11, 2023

Stock Report: VMART(NSE) 10 Oct 2023 

V-Mart Retail Ltd is engaged in retailing of readymade garments, accessories and other products. It is involved in the business of Value Retailing through the chain of stores situated at various cities in India. It provides a range of apparels and accessories for men, women, boys, girls, and toddlers. The company’s general merchandise includes Footwear, Home furnishing, Kitchenware, Toys and games, Bags and luggage and Crockery. The company has two segments such as Retail Trade which includes Domestic sale to customer at stores and Digital Marketplace includes Commission and other income by providing Lime Road platform to vendors. It generates majority of its revenue from Retail Trade segment. 

#xCalData predicts that # VMART will continue its bearish phase over the next five days and trend within the range of 1861 to 1997. 

  

 
In comparison to the previous month, the price of the stock has experienced a decline of 10.47% indicating a bearish. 

The Stock has doubled thrice since 23 Nov 2015 and took an average of 1.9 years to double.  

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 2 years in the past. 

Majority of the technical ratios trend towards Bearish side of the spectrum. 

Collectively, xCalData suggests the stock would be in Bearish zone for next 5 days. 

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