This investor buys 3.68 lakh shares in V-Mart Retail, hikes stake to 7%
As per a regulatory filing to BSE, Wasatch Advisors, which had 5.01 per cent stake earlier, increased its shareholding in the company to 7.04 per cent by buying shares on July 24 from the open market.
Last month V-Mart Retail said it plans to invest Rs 300 crore to double store count and treble its turnover to Rs 3,500 crore in the next five years.Image source: Reuters