V-Mart Retail zooms 20% as DMart's IPO opens for subscription

In past two months, the stock appreciated by 84% as compared to 8.4% rise in Sensex.

Shares of V-Mart Retail hit the upper circuit of 20% at Rs 873, also its new high on the BSE, as the initial public offering (IPO) of Avenue Supermarts which operates retail supermarket chain DMart open for subscription today. CLICK HERE TO READ FULL REPORT

In past two months, the stock has outperformed the market by surging 84% as compared to 8.4% rise in the S&P BSE Sensex. As many as 900,524 shares changed hands on the BSE and NSE till 03:15 pm. There were pending buy orders for 46,438 shares on both the exchanges.

V-Mart is a