Avenue Supermarts m-cap surges past Rs 92,000 cr mark

Image
Press Trust of India New Delhi
Last Updated : Apr 10 2018 | 7:05 PM IST

Shares of Avenue Supermarts, the operator of retail chain D-Mart, rose by nearly 4 per cent in intra-day trade today to hit its all-time high, helping its market capitalisation (m-cap) surge past Rs 92,000 crore mark.

The stock rose by 3.48 per cent to end at Rs 1,488.65 on BSE. During the day, it gained 3.90 per cent to Rs 1,494.80 -- its all-time high level.

At NSE, shares of the company climbed 3.35 per cent to settle at Rs 1,488.85.

The company's market valuation also moved up by Rs 3,121.34 crore to Rs 92,904.34 crore. The company stands at 33rd position in the overall market cap ranking on the BSE.

In terms of equity volume, 1.76 lakh shares of the company were traded on BSE and over 14 lakh shares changed hands at NSE during the day.

Shares of Avenue Supermarts got listed on bourses on March 21, 2017. Since listing, the stock has gained sharply by over 132 per cent.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 10 2018 | 7:05 PM IST

Next Story