Vishal Mega Mart Shares Surge 12% As Gunendra Kapoor Reappointed MD & CEO Alongside Strong Q1 Earnings

Shares of Vishal Mega Mart witnessed a massive rally, surging nearly 12% to an intraday high of ₹115.40 on Monday and putting the stock on track for its largest single-day gain since its market listing in December 2024. The sharp upward movement came on the heels of the company's official announcement regarding top-level leadership continuity, paired with robust financial performance numbers for the first quarter of fiscal year 2027.