Canara Robeco Mutual Fund increased its stake in Vishal Mega Mart Limited from 1.75% to 1.95%, purchasing 97,41,402 shares.
A hypermarket chain operating across India, Vishal Mega Mart offers a diverse range of products including apparel, groceries, electronics, and home essentials under one roof. The company serves customers through a network of retail stores designed to provide convenient one-stop shopping experiences. Established in 2001, it operates as a diversified retail business catering to everyday consumer needs across multiple product categories and price points.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.
