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Not looking at acquiring Vishal Megamart currently: V-Mart Retail

The V-Mart Retail stock has been a big buzzer off late. In an interview to CNBC-TV18, Lalit Agarwal, CMD of the company spoke about the latest happenings in his company and the sector.

March 08, 2018 / 12:49 PM IST

The V-Mart Retail stock has been a big buzzer off late. In an interview to CNBC-TV18, Lalit Agarwal, CMD of the company spoke about the latest happenings in his company and the sector.

Agarwal said that foreign institutional investors are understanding our business.

He further said that we are looking at growing with the 'Bharat Story'.

Talking about business, he said we have Rs 50 crore of cash on our books currently.

On acquisition front, he said we are open to talks with other retailers for acquisition.

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We are not looking at acquiring Vishal Megamart currently, he added.

For entire interview, watch accompanying video.
CNBC-TV18
Tags: #Business
first published: Mar 8, 2018 12:44 pm
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