Vmart Retail Ltd hits upper circuit

VMART logoIn a bulk deal reported today, Commonwealth of Pennsylvania Public School Employees Retirement System have bought 1,35,000 Vmart Retail Ltd shares for price of Rs. 573.91 per share. The overall value of the deal was Rs. 7,74,77,850.00. This huge volume has triggered the upper circuit limit of 586.90. The stock has closed at 586.90, it went up by 97.80 or 20.00% with overalll volume of 5,91,197 shares. Vmark’s 52 weeks high is at 650 and 52 weeks low at 425.

V-Mart Retail Limited is an India-based company that retails readymade garments and accessories. The Company is engaged in the business of value retailing through the chain of stores situated at various places in India. It offers products across three verticals, which include apparel, general merchandise and kirana bazaar. It provides a range of apparels and accessories for men, women, boys, girls and infants.

Muthuraj Paulraj

Passionate about investing and trading in Options.