We recently got to see the IPO of Vishal Mega Market Company and at this time the stock price of the company is also increasing well and now a good update has come for the investor, this group has bought shares worth Rs 655 crore of Vishal Mega Mart and after this, this stock can be seen rising in the coming week.
Everyone knows well about Vishal Mega Mart Company because this company has become famous in the market after bringing IPO and it also keeps trending in the market for some reason or the other. Today the value of this company is in crores and at the same time, after bringing IPO, the company has also got tremendous benefits from the market.
Why buy shares worth 655 crores of this company
At present, the stock price of this company is Rs 128 and in 52 weeks the low price has been Rs 96 and the high price has been Rs 134. This company is listed in Sensex and other indices. We got to see the IPO of this company in the month of December and the company has received crores of rupees from the IPO and along with this, the listing of the company has also been strong, meaning the investor benefited immediately after the listing.
Vanguard Group, with the help of its other associate company, bought shares of Vishal Mega Mart again and they have bought the stock in the range of Rs 129. Now the market experts have also increased the stock price target of this company. Market experts say that investors can hold it for a long term.
Vanguard Group has bought shares worth about 655 crores and due to this the target price of market experts has reached 138 rupees which is a very big business of this company. This company runs the supermarket business. The company’s stores are open all over India and the company is also making good profits from the supermarket business.
Investors were suppressed and got profit in IPO
Vishal Mega Mart Company’s IPO brand price was 78 rupees and it was listed at 96. Immediately after listing, the company’s stock ran very fast and crossed the figure of almost 134 rupees and according to market experts, it is still much above the listing price of the IPO because at this time the stock price of the company is running at 128 rupees. On Monday, the stock of this company can remain bullish and this group has done transactions in the open market.
Although there is a lot of competition in the supermarket business, this company has become a big brand in itself. D Mart, Reliance and other companies are giving it competition but the company has the strength to stand in the competition and this business is not running from today but for many years.
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Kartikeya Bhardwaj is a skilled finance writer with over 3 years of experience covering the Indian stock market, cryptocurrency trends, and personal finance strategies. With a strong grasp of market dynamics and digital finance tools, Kartikeya simplifies complex financial topics into easy-to-understand content for everyday readers.
A graduate with a Bachelor of Computer Applications (BCA), Kartikeya combines technical expertise with a deep passion for financial literacy. His work focuses on helping young investors, traders, and savers make smarter money decisions in today’s fast-moving economy.
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