BusinessPhoto: Mint MarketsMotilal Oswal Sees 39% Upside in Vishal Mega Mart Stock Despite 30% Drop
Shares of Vishal Mega Mart fell nearly 30% over six months but Motilal Oswal Financial Services remains bullish, forecasting a 39% upside. The brokerage cited the company’s diversified retail model, strong own brands, and lean costs. Despite concerns over promoter stake sales, MOFSL projects 18%-26% CAGR in revenue, EBITDA, and PAT from FY26 to FY29, maintaining a Buy rating.
Mint Markets·



