Why the DMART stock price moving down day by day ? I haven’t seen any news related to it Please tell the reason if any
Answer
Answer
The reason for the volatility is that the market sees a risk in the stock due to the aggressive moves by Reliance Retail. In the last few weeks, RRVL has placed over 10% stake with foreign funds and has also bought into Future Group retail and wholesale business. That is clearly making markets jittery.