The only stock from retail space to have risen 47% year-to-date

Listed on February 2, 2013, this small-cap retailer witnessed a decline in its share price initially, up to four months. Soon after that, the stock surprised Dalal Street by racing and hitting record highs. The stock in the last 7 years has jumped 1,042 percent to its current market price on the back of store expansion and geographical spread. Meet V-Mart.

The affordable multi-brand retailer has been steadily moving towards a big rally given its consistent earnings growth and stock price surge. On a year-to-date basis, the stock has already delivered returns of about 47 percent to its shareholders.

V-Mart's earnings have also been consistent, just like its surge in the share price. The stock reported net profit growth of 39 percent YoY at Rs 58.22 crore for the quarter ended December 31, 2019. Consolidated total income rose 20 percent YoY to Rs 562.58 crore. The company added 19 stores and closed 1 in the same quarter, totaling to 257 stores to date.