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Avenue Supermarts now 11th most valued Indian firm by market capitalisation

At close of trade, the company's market capitalisation stood at Rs 1,58,902.37 crore on the BSE.

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Avenue Supermarts | market valuation | Indian companies

Agencies  |  New Delhi 

DMart
The company is ahead of Nestle India, Maruti Suzuki India, Asian Paints and HCL Technologies, among others, in terms of market capitalisation.

Avenue Supermarts, which owns and operates retail chain DMart, on Wednesday became the 11th most valued Indian firm by following a rally in its share price.

At close of trade, the company's market capitalisation stood at Rs 1,58,902.37 crore on the

Shares of the company jumped 5 per cent to close at Rs 2,453.05 — its upper circuit limit — on the

The company is ahead of Nestle India, Maruti Suzuki India, and HCL Technologies, among others, in terms of market capitalisation.

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So far this year, the company's shares have climbed 33.44 per cent.

is the country's most valued firm with a valuation of Rs 9,09,482.51 crore, followed by TCS at Rs 7,32,634.35 crore.

had last week informed that its board will meet on May 23 to consider and approve the financial statements for the quarter and financial year ended March 2020

First Published: Thu, May 21 2020. 01:20 IST
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