New Delhi
Vishal Mega Mart shares took a sharp fall today after a significant block deal involving the companyтАЩs promoters. The stock opened weak and dropped nearly 8% in early trade following the news of a large equity sale by Samayat Services LLP, a promoter group entity.
According to stock exchange data, around 91 crore sharesтАФroughly 20% of the company’s equityтАФwere offloaded via a block deal valued at approximately тВ╣10,488 crore. The shares were sold at an average price of тВ╣115 each, a slight discount to the stockтАЩs recent trading levels.
Earlier reports had indicated that the promoter was planning to sell around 10% of its stake, but the final deal size turned out to be double, indicating stronger demand or a strategic exit plan.
Following the stake sale, Vishal Mega Mart became one of the most actively traded stocks on the NSE and BSE, with trading volumes exceeding тВ╣11,700 crore.
Despite the fall, the companyтАЩs fundamentals remain strong. In the March 2025 quarter, Vishal Mega Mart posted an 88% year-on-year rise in net profit to тВ╣115 crore. Revenue grew 23% compared to the previous year, and EBITDA margins stood at 14%.
The promoter holding, which stood at 74.55% as of March 31, 2025, is expected to reduce significantly after this transaction. Market watchers will now keep a close eye on who the buyers of this large stake areтАФwhether they are institutional investors or private equity players.
Investors are advised to monitor the situation as the dust settles from this major equity move. Analysts believe that while the stock may face short-term pressure due to supply overhang, its long-term growth story remains intact given its strong performance in IndiaтАЩs growing retail sector.