Vishal Mega Mart shares debut with 41% premium over IPO price

Vishal Mega Mart Share Price: Vishal Mega Mart shares debuted strongly with a 41% premium at Rs 110, driven by high demand, especially from QIBs. The company, focused on India's growing middle and lower-middle income demographics, saw a 17.41% revenue growth and a 43.78% surge in profit after tax in FY24. Analysts advise allotted investors to book profits above 25% while long-term investors should hold.