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V2 Retail share price rallied 5 percent intraday on Wednesday after ace investor Ashish Kacholia picked up a percent stake in the company.
Ashish Kacholia's name is reflected under public shareholders list in the company's latest shareholding pattern published on exchanges.
According to that shareholding pattern, he has bought 3,60,762 equity shares (representing 1.06 percent equity stake) during April-June quarter.
Promoters hold 51.14 percent stake in the company and the rest is held by public which include FPIs like India 2020 Fund Ii Limited and Goldman Sachs India Limited hold 8.67 percent stake.
At 13:50 hours IST, the stock price was quoting at Rs 412.95, up Rs 10.85, or 2.70 percent on the BSE.
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