This stock zoomed 104% in 2018 after surging 220% in 2017 on FPI buying

V-Mart Retail hit a new high of Rs 3,036, surges 7%, extending its 14% gain in past three trading sessions on the BSE.

Shares of V-Mart Retail hit a new high of Rs 3,036 per share, surging by 7% and extending their 14% gain in past three trading sessions on the BSE, after the company said that foreign portfolio investors (FPIs) have increased their stake by nearly one percentage points in April-June quarter (Q1FY19).

Thus far in the current calendar year 2018, V-Mart Retail has outperformed the market by surging 104% from Rs 1,488 on December 29, 2017 as compared to 5% rise in the S&P BSE Sensex.

In previous calendar year 2017, the stock had rallied 220% from Rs 465