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21-Jul2017

Fidelity Funds sells 4.40 lakh shares of V-Mart Retail

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.


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