Avenue Supermarts, which owns and operates retail chain DMart, on Wednesday became the 11th most valued Indian firm by market valuation 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 BSE.
Shares of the company jumped 5 per cent to close at Rs 2,453.05 — its upper circuit limit — on the BSE.
The company is ahead of Nestle India, Maruti Suzuki India, Asian Paints and HCL Technologies, among others, in terms of market capitalisation.