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Fidelity Funds sells 4.40 lakh shares of V-Mart Retail

21 Jul 2017 Evaluate

Fidelity Funds-Asian Smaller Companies Pool has sold 4.40 lakh shares of V-Mart Retail at Rs 1,143.02 on the BSE on July 20, 2017. However, GMO Emerging Domestic Opportunities Fund has bought 2.86 lakh shares at Rs 1,143 on the same day.

V-Mart Retail is one of the pioneers in setting up stores across various small Indian towns and cities. The company primarily operates in Tier-II and Tier-III cities, with a chain of ‘value retail’ departmental stores offering apparels, general merchandise and kirana, catering to the entire family.

Peers
Company Name CMP
Avenue Supermarts 3183.20
Trent 2866.00
Vishal Mega Mart 86.70
PN Gadgil Jewellers 586.65
Aditya Birla Life 71.02
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