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Among the Nifty 500 index losing pack so far, Rajesh Exports, Delta Corp and V-Mart Retail can potentially gain up to 15 per cent from current levels, charts show.

Business Standard

V-Mart Retail

V-Mart Retail Ltd on Monday reported a  net loss of Rs 64.12 crore for the second quarter ended September 2023.
It had incurred a net loss of Rs 11.31 crore in July-September period a year ago, according to a regulatory filing by the value retailer.
Revenue from operations in the September quarter was Rs 549.43 crore. It was at Rs 506.16 crore in the corresponding quarter, it said.
According to the company, its results are not comparable as the results include business operations of digital marketplace LimeRoad acquired during the previous year.
"Accordingly, result of the quarter ended September 30, 2022 is not comparable," it said.
V Mart's total expenses in the September quarter were at Rs 637.84 crore.
Shares of V-Mart Retail Ltd on Monday settled at Rs 1,702.45 apiece, down 0.46 per cent from the previous close.

Press Trust of India

HSBC Bank Mauritius sells 7% shares of V-Mart Retail for Rs 392 cr

V-Mart Retail on Wednesday reported a net loss of Rs 21.94 crore in the June quarter.
It had reported a net profit of Rs 20.45 crore in the April-June period a year ago, V-Mart said in a regulatory filing.
However, its revenue from operations was up 15.41 per cent to Rs 678.52 crore in the first quarter of the ongoing fiscal as against Rs 587.88 crore in the year-ago period.
"The company's EBITDA margin stood strong at 13 per cent of revenue excluding the loss contributed from the newly acquired Limeroad marketplace segment," an earning statement from V-Mart Retail said.
EBITDA refers to Earnings Before Interest, Taxes, Depreciation and Amortisation.
Total expenses of the value fashion retailer were up 25.67 per cent to Rs 708.99 crore in the first quarter of FY 2023-24.
In the June quarter, its total income was at Rs 680.02 crore, up 14.87 per cent.
The company continued its store expansion plan and opened 9 new stores in the June quarter, taking the total count to 431.
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