Vishal Mega Mart Shares Plunge 9% After Block Deal

l Mega Mart shares plummeted 9% following a significant block deal. The stock opened sharply lower at Rs 115.49 on the NSE, down over 7% from its previous close of Rs 124.85. The decline deepened in early trading, hitting a low of Rs 113.50, the weakest level since May 2, 2025. By 10:15 AM, the stock recovered slightly but still traded 4% lower at Rs 120 per share, with a massive 103.68 crore shares changing hands. The stock remains above its 50-day, 100-day, and 200-day moving averages but below its 5-day and 20-day averages, signaling short-term bearish momentum. Reports suggest the selling pressure stemmed from a block deal where promoter Samayat Services LLP reportedly offloaded a 10% stake at a floor price of Rs 110 per share, a steep discount from Monday’s close. Official details of the transaction parties are yet to be confirmed.