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Aug 8 (Reuters) - MSCI will add four Indian stocks, including retailer Vishal Mega Mart VSSL.NS and online delivery platform Swiggy SWIG.NS, to its flagship MSCI Global Standard index .MIEF00000PUS, setting them up for potential total inflows of $1 billion.

Hitachi Energy India HITN.NS and Waaree Energies WAAN.NS will be the other two additions to the index, while Sona BLW SONB.NS and Thermax THMX.NS will be dropped, the index provider said in a statement dated August 7.

The changes will take place as of the close of August 26, MSCI said.

Swiggy is expected to get inflows worth up to $289 million, while Vishal Mega Mart can get $258 million in passive fund flows as a result of the addition, IIFL Alternate Desk said. They added that Hitachi Energy is likely to draw $230 million of inflows, and Waaree Energies $233 million.

MSCI's indexes are used by investors globally, with about $16.9 trillion of assets under management benchmarked to their equity indexes.

The index provider also announced the addition of 15 Indian stocks and removal of six from its Global Smallcap index.

(Reporting by Vivek Kumar M; Editing by Ronojoy Mazumdar)

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Updates

** MSCI likely to add India's Vishal Mega Mart VSSL.NS, Swiggy SWIG.NS, Hitachi Energy HITN.NS and Waaree Energies WAAN.NS to its standard index as part of August rejig, says Nuvama

** Believes Sona BLW SONB.NS and Thermax THMX.NS could be dropped from index

** Nuvama expects MSCI to add 12 Indian firms to its smallcap index, while removing four

** Index provider scheduled to announce quarterly index review on August 8, changes to take effect on August 26

** SWIG down 2.4% and VSSL up 2.3% on day

(Reporting by Vivek Kumar M)

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** Shares of Vishal Mega Mart VSSL.NS rise 1.2% to 138.8 rupees

** Motilal Oswal initiates coverage on budget retailer with “buy” rating

** Sets PT of 165 rupees, a 22.5% upside from stock's last close

** Brokerage expects revenue to grow 19% and PAT compound annual growth rate at 24% over FY25–28, driven by store expansion and strong private label portfolio

** Multi-category, own-brand portfolio acts as a strong moat for VSSL, and healthy store economics create room for accelerated store expansions – Motilal Oswal

** Avg rating of eight analysts equivalent of "buy", median PT is 139 rupees - data compiled by LSEG

** Stock up 30.4% YTD

(Reporting by Rudra Pratap Singh in Bengaluru)

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** India's Vishal Mega Mart VSSL.NS sheds 5.5% to 117.98 rupees

** Top shareholder Samayat Services to sell stake worth 50.57 bln rupees ($588.6 mln) in VSSL via block deals, CNBC-TV18 reports

** Stake sale at floor price of 110 rupees apiece, a 12% discount to co's closing price on Monday

** Samayat, which holds 74.55% stake in VSSL, will offload 10% of its holding via the share sale- report

** VSSL and Samayat did not immediately respond to Reuters requests for comment

** Stock trims YTD gains to ~11%

($1 = 85.9100 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru)

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June 16 (Reuters) - Vishal Mega Mart Ltd VSSL.NS:

• SAMAYAT SERVICES LIKELY TO SELL 10% STAKE OF VISHAL MEGA MART VIA BLOCK DEALS -CNBC-TV18 CITING SOURCES

• SAMAYAT SERVICES LIKELY TO SELL STAKE WORTH 50.57 BILLION RUPEES IN VISHAL MEGA MART -CNBC-TV18

• SAMAYAT SERVICES LIKELY TO SELL VISHAL MEGA MART STAKE AT 110 RUPEES/SHARE -CNBC-TV18

Source text: [ID:]

Further company coverage: VSSL.NS

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June 5 (Reuters) - Vishal Mega Mart Ltd VSSL.NS:

• VISHAL MEGA MART - RECEIVES COURT ORDER

• VISHAL MEGA MART - COURT IMPOSES PENALTY OF 275,000 RUPEES

• VISHAL MEGA MART - INSPECTION FOUND VIOLATION IN FOOD PRODUCT

• VISHAL MEGA MART - NO MATERIAL IMPACT ON OPERATIONS FROM PENALTY

Source text: ID:nNSE6K8PxM

Further company coverage: VSSL.NS

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** Shares of Vishal Mega Mart VSSL.NS rise as much as 9.1% to 117.52 rupees, highest intraday pct gain since listing last year

** The budget retailer on Tuesday reported 88% Y/Y rise in Q4 consol net profit, rev from ops rose 23.2% Y/Y

** More than 44 mln shares change hands, 3.1x of 30-day avg

** Avg rating of eight analysts equivalent of "buy", median PT is 125 rupees - data compiled by LSEG

** Since listing in mid December, stock has risen 12.8%

(Reporting by Ashish Chandra in Bengaluru)

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April 29 (Reuters) - Vishal Mega Mart Ltd VSSL.NS:

• VISHAL MEGA MART LTD MARCH-QUARTER CONSOL NET PROFIT 1.15 BILLION RUPEES

• VISHAL MEGA MART MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 25.48 BILLION RUPEES

Source text: [ID:]

Further company coverage: VSSL.NS

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** Bernstein initiates coverage on Vishal Mega Mart VSSL.NS with "underperform", PT of 90 rupees - a Street-low per data compiled by LSEG

** While the supermarkets operator benefits from its lowest-cost offline retail distribution in India, it is facing intense competition and its margins have peaked, brokerage says

** Adds, VSSL's apparel portfolio is more basic vs Trent-owned TREN.NS Zudio and V-Mart Retail VMAR.NS, which have a fast-fashion positioning at similar price points

** VSSL down 0.4% at 103.85 rupees

** Avg rating of seven analysts on VSSL at "buy"; median PT is 125 rupees - data compiled by LSEG

** Stock down 2.5% so far this year

(Reporting by Kashish Tandon in Bengaluru)

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Jan 31 (Reuters) - Vishal Mega Mart Ltd VSSL.NS:

• DEC-QUARTER CONSOL NET PROFIT 2.63 BILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 31.36 BILLION RUPEES

Source text: [ID:]

Further company coverage: VSSL.NS

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Dec 18 (Reuters) - Shares of Indian budget retailer Vishal Mega Mart VSSL.NS surged 33.3% in pre-open debut trade on Wednesday, as investors bet on the company's growth avenues and resilience to challenges faced by larger rivals.

The stock listed at 104 rupees on the National Stock Exchange, compared with its offer price of 78 rupees.

The $943 million IPO drew bids worth $19 billion last week, and was subscribed 27 times. Institutional investors, including the Singapore government and funds of JP Morgan and HSBC, were allotted shares worth about $283 million.

(Reporting by Kashish Tandon in Bengaluru; Editing by Varun H K)

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