Vishal Mega Mart’s (VMM) share price saw notable momentum on June 18. The stock gained for the 3rd straight session following the promoter's block deal. Stock prices climbed on June 18 with a gain of about 4.3%, reaching ₹132.23 on the BSE after opening around ₹127–₹128. The uptick reflected investor interest, buoyed by the scale of the ₹10,220 crore stake sale.
On June 17, Samayat Services LLP, a key promoter of Vishal Mega Mart and an entity backed by Kedaara Capital and Partners Group, offloaded 90 crore shares in the supermarket chain through two tranches on the NSE, as per news reports.
This represented 19.58% of the company’s equity, with the shares sold in the price range of ₹113.51–₹113.61, resulting in a total transaction value of approximately ₹10,220.40 crore.
Following the divestment, Samayat Services’ holding in the company declined from 74.55% to 54.97%.
Top domestic mutual funds seized the opportunity to buy into the retail firm. According to NSE bulk deal data:
Collectively, these institutions acquired over 32 crore shares at an average price of ₹113.50, for a combined value of ₹3,636.26 crore, as per news reports.
On June 18, 2025, Vishal Mega Mart’s share price opened higher and touched an intraday high of ₹133.10, before dipping to a low of ₹125.70. With a VWAP of ₹129.63 and turnover crossing ₹68 crore, the trading volume stood at 52.82 lakh shares—well above the two-week average. The stock remained close to its 52-week high of ₹134.50, signalling strong buying interest.
Read More: Promoters Exit ₹43,000 Cr in May Even as Nifty Rallies: What It Means for Investors.
The recent block deal involving Vishal Mega Mart has drawn attention to the company’s stock, especially with prominent mutual funds stepping in as key buyers. While the promoter stake sale marks a significant development, investor sentiment appears positive, as reflected in the stock’s upward movement. Market participants should keep a close watch on future disclosures and company fundamentals before making any investment decisions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 18, 2025, 10:26 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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