Nirmal Bang

Nirmal Bang, one of the leading stock broking companies in India, caters to retail and institutional clients by offering them a range of financial products and services, including equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS.

Nirmal Bang is drawn from a diversity of professional backgrounds, and blend of experience, skill and dedication is shared with its clients. Nirmal Bang emphasizes adequate, thorough research local and world-wide developments, balancing these with the astute discovery of intrinsic values, synergies and growth. The aim is simply to help the investors to maximize their returns.

A Relationship Beyond Broking

External broker reports(aggregated public sources), Nirmal Bang

External broker reports(aggregated public sources)

Equity Bottom-Up

<div><div><div><div><ul><li>Competition to impact footfalls: With major conglomerates penetrating into organized retail territory, footfalls are expected to get impacted in the near term.</li></ul><div><div><div><ul><li>Why we like V-Mart Retail: VRL is among the few pure play value apparel retailers that are catering to Tier- 2/Tier-3/Tier-4 cities of India.</li></ul><div><div><div><ul><li>We see a huge runway for growth as it is currently concentrated only in the states of Uttar Pradesh and Bihar.</li></ul></div></div></div></div></div></div></div></div></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Competition to impact footfalls: With major conglomerates penetrating into organized retail territory, footfalls are expected to get impacted in the near term.Why we like V-Mart Retail: VRL is among the few pure play value apparel retailers that are catering to Tier- 2/Tier-3/Tier-4 cities of India.We see a huge runway for growth as it is currently concentrated only in the states of Uttar Pradesh and Bihar.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

V-Mart Retail - Macro Challenges Cut Footfall and SSSG