Sign In

Delhi News Daily

  • Home
  • Fashion
  • Business
  • World News
  • Technology
  • Sports
  • Politics
  • Lifestyle
  • Entertainment
Reading: Vishal Mega Mart promoter entity likely to sell 6.5% stake via block deal: Report – Delhi News Daily
Share

Delhi News Daily

Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Delhi News Daily > Blog > Business > Vishal Mega Mart promoter entity likely to sell 6.5% stake via block deal: Report – Delhi News Daily
Business

Vishal Mega Mart promoter entity likely to sell 6.5% stake via block deal: Report – Delhi News Daily

delhinewsdaily
Last updated: February 26, 2026 7:30 pm
delhinewsdaily
Share
SHARE


Vishal Mega Mart‘s promoter entity Samayat Services LLP is expected to sell 6.5% stake in the company via a block deal. The shares are likely to be sold at a price of Rs 115 apiece, which implies a 10% discount from today’s closing price, according to ET Now report.

Samayat Services held 54.09% (252.74 crore) in Vishal Mega Mart as of December 31, 2025 and under the stake sale, 3.05 crore shares will be offloaded, the report said.

Shares of Vishal Mega Mart today ended at Rs 127.53 on the NSE, up by Rs 4.56 or 3.71% from the Wednesday closing price. The stock today traded amid strong volumes with over 4 crore shares changing hands.

Vishal Mega Mart shares have surged 24% over a one year period, which is an outperformance over Nifty’s 13% and BSE Sensex’s 10% in the same period.

The stock is currently trading above its 50-day simple moving average (SMA) of Rs 127 while below its 200-day SMA of Rs 136, according to Trendlyne data.

ET logo

Live Events


The company’s consolidated net profit for the December ended quarter stood at Rs 313 crore, which is a growth of 19% over Rs 263 crore in the year ago period. Its total revenue in the quarter under review stood at Rs 3,695 crore, up 17% 3,155 crore in the corresponding quarter of the last financial year.

Vishal Mega Mart is one of the leading Indian fashion-led hypermarket chain with over 780 stores, focusing on affordable fashion, general merchandise, and grocery for middle-income customers.In another news, Home First Finance Company India’s promoter entities Aether (Mauritius) Limited and True North Fund V LLP today sold stakes worth Rs 326 crore and Rs 334 crore in separate bulk deals on Thursday. The buyers were French multinational bank Societe Generale and PICTET – Indian Equities.

Between them they sold shares worth Rs 660 crore.

The stock fell sharply today, closing at Rs 1,176.25, down nearly 6% from Wednesday’s closing price.

Read more: Home First Finance bulk deal alert: Promoters sell stake worth Rs 660 crore; Societe Generale among buyers

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)



Source link

Share This Article
Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Was Nancy’s Abductor Someone She Knew? Disturbing Pattern Emerges – Delhi News Daily
Next Article India vs Zimbabwe Live Cricket Score, T20 World Cup 2026 Super 8s: Stay updated with IND vs ZIM Ball by Ball Match Updates and Live Scorecard from Chennai. (Picture Credit: AP) ‘Burden, But No Need To Revise’: DK Shivakumar On Congress Govt’s 5 ‘Guarantees’ In Karnataka – Delhi News Daily
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • ISL Highlights: Mohun Bagan Super Giant vs Chennaiyin FC – Delhi News Daily
  • ‘Burden, But No Need To Revise’: DK Shivakumar On Congress Govt’s 5 ‘Guarantees’ In Karnataka – Delhi News Daily
  • Vishal Mega Mart promoter entity likely to sell 6.5% stake via block deal: Report – Delhi News Daily
  • Was Nancy’s Abductor Someone She Knew? Disturbing Pattern Emerges – Delhi News Daily
  • ‘Hypocrisy’: Siddaramaiah Slams BJP Over Urdu Health Ad Row, Says It’s ‘Standard Govt Procedure’ – Delhi News Daily

Recent Comments

No comments to show.

You Might Also Like

Business

Dixon Technologies, Astral among 10 mid-cap stocks analysts expect to gain upto 45% – Trend Tracker – Delhi News Daily

Brokerages remain bullish on select BSE mid-capstocks across sectors. According to Trendlyne data, 10 stocks—including Dixon Technologies, Aurobindo Pharma, Crompton…

0 Min Read
Business

Market poised for next uptrend as growth revives: Ashi Anand – Delhi News Daily

Indian equity markets have spent nearly 18 months moving sideways, and according to Ashi Anand, Founder & CEO of IME…

4 Min Read
Business

China’s factory-gate deflation eases in October, consumer prices rise – Delhi News Daily

China's producer price deflation eased in October and consumer prices returned to positive territory, data showed on Sunday, as the…

5 Min Read
Business

Flipkart to offload entire stake in Aditya Birla Lifestyle via Rs 950 crore block deal: Report – Delhi News Daily

Flipkart Investments is set to exit its entire 6% stake in Aditya Birla Lifestyle Brands Ltd (ABLB) through block deals…

2 Min Read

Delhi News Daily

© Delhi News Daily Network.

Incognito Web Technologies

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?