<ul data-eligibleForWebStory="true"><li>Vishal Mega Mart's share price hit a one-month low after the promoter, Kedaara Capital via Samayat Services LLP, sold 10% stake in the company at a floor price of Rs 110 per share, a 12% discount to the last closing price.</li><li>In the block deal worth Rs 5,057 crore, 92.96 crore shares of Vishal Mega Mart changed hands on the National Stock Exchange at prices ranging from Rs 115.16 to 125 apiece.</li><li>This stake sale led to a 9.09% decline in Vishal Mega Mart's share price to Rs 113.5 apiece, the lowest level since April 30, with the stock later trading down 5.37% at Rs 118.5 apiece.</li><li>Vishal Mega Mart's script, after its intraday drop, was noted as experiencing the biggest decline since its listing. The stock has seen a 5.66% increase over the past 12 months and an 11.07% increase year-to-date.</li><li>There have been high trading volumes with the relative strength index at 40.46. Analysts' consensus shows seven 'buy' ratings for the company, one 'hold' rating, and one 'sell' rating.</li></ul>

Vishal Mega Mart Shares Hit Over One-Month Low After Promoter's Stake Offload

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