 "Avenue Supermarkets enters in top-100 club of most valuable companies")
Avenue Supermarts, which owns and operates the chain of D-Mart supermarkets, has entered into the list of the top-100 most valuable companies in terms of market capitalisation (m-cap) following a sharp surge in its stock price on debut today.
Avenue Supermarts with an m-cap of Rs 39,998 crore stood at 65th position in overall m-cap ranking on the BSE at close. The company surpassed the m-cap of Indiabulls Housing Finance, Britannia Industries, Power Finance Corporation, Marico, Bank of Baroda, UPL and Pidilite Industries.
Shares of Avenue Supermarts ended at Rs 641 on BSE, a premium of 114% over the
Avenue Supermarts with an m-cap of Rs 39,998 crore stood at 65th position in overall m-cap ranking on the BSE at close. The company surpassed the m-cap of Indiabulls Housing Finance, Britannia Industries, Power Finance Corporation, Marico, Bank of Baroda, UPL and Pidilite Industries.
Shares of Avenue Supermarts ended at Rs 641 on BSE, a premium of 114% over the
