India's 5th richest man Damani reduces Blue Dart stake, hikes stake in VST: Report

Radhakishan Damani, DMart owner and India's fifth-richest person with a net worth of $20 billion according to Forbes, has increased his shareholding in Hyderabad-based cigarettes company VST Industries, The Economic Times reported. He bought 12,000 equity shares of VST Industries during the January-March period. He decreased in logistics company Blue Dart Express in the March 2022 quarter.