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Bharti Enterprises reduces stake in Future Retail

30 Nov 2018 Evaluate

Bharti Enterprises has sold 5.693 million shares of Future Retail through open market operations. The shares were offloaded at an average price of Rs 525.9 translating into a transaction of Rs 2.993 billion. The shares were bought by Edelweiss group.

Future Retail offers food and grocery categories, fresh fruits and vegetables, meat and poultry, dairy products, staples, FMCG and processed foods, electronics and appliances, clothing and footwear, furniture and furnishing, and other household articles.

Peers
Company Name CMP
Avenue Supermarts 3835.00
Trent 2780.40
Vishal Mega Mart 106.40
PN Gadgil Jewellers 604.75
Aditya Birla Life 79.93
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