V-Mart Retail Hits 52-Week High, Outperforms Market with 164% Growth

Oct 31 2024 09:35 AM IST
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V-Mart Retail Ltd., a midcap retail company, reached a 52-week high of Rs. 4517.3 on October 31, 2024. Despite a recent dip, the stock is still trading higher than its moving averages and has shown a significant growth of 164.19% in the past year, outperforming the market. Investors should carefully consider all factors before investing.

V-Mart Retail Ltd., a midcap retail company, has recently hit a 52-week high on October 31, 2024. The stock price reached Rs. 4517.3, which is the highest it has been in the past year. However, according to MarketsMOJO, the stock call for V-Mart Retail is currently 'Sell'.

In today's trading session, V-Mart Retail underperformed the sector by -0.58%. The stock also saw a trend reversal as it fell after four consecutive days of gains. The day's low for V-Mart Retail was Rs. 4408.6, which is a decrease of -2.03% from the previous day's closing price.

Despite the recent dip, V-Mart Retail is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates that the stock has been performing well in the market.

In terms of overall performance, V-Mart Retail has shown a significant growth of 164.19% in the past year, while the Sensex has only grown by 24.69%. This shows that V-Mart Retail has outperformed the market and has been a strong player in the retail industry.

As a midcap company, V-Mart Retail has shown promising growth and potential in the retail sector. However, it is important for investors to carefully consider all factors before making any investment decisions.
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