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VMM.NS Stock Today: February 28 – 14% Promoter Sale Weighs Shares

February 28, 2026
5 min read
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The vishal mega mart share price is in focus after a large promoter sale on 28 February. The VMM.NS stock opened at Rs 122.15, swung to Rs 129.45, and hovered near Rs 127.60 by mid-session. Samayat Services sold 13.96% at Rs 117, worth Rs 7,635.6 crore, creating a short-term supply overhang. Turnover surged, with about 4.02 crore shares changing hands, nearly five times the average. With institutions absorbing part of the float, the vishal mega mart share price will track further block prints and delivery data today.

What the 14% promoter sale means today

Promoter Samayat Services offloaded 13.96% at Rs 117 via a large block/open-market trade, raising Rs 7,635.6 crore. HDFC Mutual Fund and Singapore-linked entities reportedly picked up about 6.3% at the same price, indicating selective institutional demand. Early weakness followed the print, but intraday recovery shows dip buying interest. Source: Upstox.

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The sale adds near-term float that the market must absorb. Rs 117 now acts as an anchor reference. If volumes stay high and closes hold above Rs 125–130, the overhang could fade. Track bulk deals and delivery volumes for confirmation. Institutional absorption of 6.3% is a start. Source: Moneycontrol. The vishal mega mart share price will react to any further prints.

Price action and technical levels to watch

Price opened at Rs 122.15 and tested Rs 129.45. It is tracking near the Bollinger upper band at Rs 127.59, with the middle band at Rs 122.26. Holding above Rs 125 can keep buyers active. A push above Rs 130 may invite momentum traders. The vishal mega mart share price remains sensitive to large orders and news flow.

RSI sits at 57.9, while CCI at 137.9 and MFI at 75 suggest overbought conditions on a short basis. ADX near 20 points to a weak underlying trend, so swings can be sharp both ways. ATR at 3.72 implies about Rs 3–4 intraday risk. Manage stops and size positions accordingly.

Fundamentals and valuation check

Q3FY26 PAT grew about 19% year on year, supported by steady operating margins. Trailing net margin stands near 6.38% and ROE around 12.29%, showing reasonable efficiency for a value retailer. The company’s next earnings are scheduled for 5 May 2026. Clear commentary on demand, mix, and costs will matter more now that float has increased.

On trailing numbers, P/E is 70.5 and P/B is 7.97, which is rich for a business with mid-single digit net margins. Debt-to-equity is a manageable 0.27 and the current ratio is 1.41. Free cash flow yield is thin, so growth needs to stay strong for support. The vishal mega mart share price embeds high expectations.

What to track next

Watch bulk and block disclosures to see if more DIIs or FPIs add to positions after HDFC MF’s entry. Rising delivery volumes with stable closes would signal healthy absorption. If demand keeps up, the vishal mega mart share price can stabilise above the Rs 125–130 zone, reducing the risk of a retest of the block price.

Key triggers include any trading update ahead of the 5 May results, store expansion commentary, and margin outlook. A close above Rs 130 opens room toward Rs 142–150 based on medium-term models, while a drop below Rs 122 raises the risk of Rs 117. Treat Meyka’s baseline ranges as directional, not guarantees.

Final Thoughts

A large sell-down at Rs 117 has reset near-term expectations, but active institutional interest and strong volumes helped price action stabilise. For traders, Rs 125–130 is the key battle zone, with Rs 117 as the anchor support and Rs 130–135 as near upside markers. For investors, focus on ownership changes, delivery data, and operating trends into the 5 May print. Valuation remains full on trailing metrics, so earnings delivery must stay robust. If liquidity is absorbed and margins hold, the vishal mega mart share price can base higher. Until then, keep risk tight and let the post-deal flows play out.

FAQs

Why did Vishal Mega Mart fall in early trade today?

The drop followed a large promoter stake sale. Samayat Services sold 13.96% at Rs 117 through a block/open-market trade worth Rs 7,635.6 crore. That added short-term supply. After the print, the stock slid early, then recovered as buyers emerged near Rs 122–125 supported by heavy volumes.

Is the promoter stake sale positive or negative for shareholders?

Near term, it is a supply overhang that can cap price until absorbed. Medium term, wider institutional ownership can improve liquidity and price discovery. The impact depends on how quickly strong hands take the shares and whether operating performance continues to improve through FY26.

What are the key technical levels to watch on VMM.NS stock?

Immediate support sits near Rs 122, with the block anchor at Rs 117. Resistance is around Rs 130–135. RSI is mid-50s, CCI is overbought, ADX is near 20, and ATR is about 3.7 points. Expect swings around these reference levels as volumes remain elevated.

How does valuation look after today’s move?

Even after volatility, trailing P/E near 70.5 and P/B around 7.97 suggest a premium valuation versus earnings power. Net margin is about 6.38% and ROE roughly 12.29%. Investors may wait for clearer signs of demand resilience and cash generation before re-rating materially higher.

What should investors track over the next week?

Monitor bulk and block disclosures, daily delivery volumes, and any commentary from large buyers. Price action around Rs 125–130 will show if supply is getting absorbed. The next big catalyst is the 5 May 2026 results, where growth, margins, and cost trends will be key.

Disclaimer:

The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
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