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ICICI Securities: V-Mart - Best Play In Value Fashion Segment

V-Mart Retail is well-positioned to capture growth opportunities in Tier II-IV cities, given its first-mover advantage.

Women’s clothes are displayed on mannequins at a hypermarket in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)  
Women’s clothes are displayed on mannequins at a hypermarket in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)  
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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