D-Mart operator Avenue Supermarts' m-cap crosses Rs 1-trillion mark

The stock hit a new high of Rs 1,620, rallying 19% from its recent low of Rs 1,359 on May 23.

Shares of Avenue Supermarts, which owns and operates D-Mart stores, have crossed Rs 1-trillion market capitalisation (market-cap) on Monday after the stock price of the company hit new high on the BSE.

The stock hit a new high of Rs 1,620 on the BSE in early morning trade today, surpassing its previous high of Rs 1,606 recorded on May 31, 2018. On the same day, the company had briefly breached Rs 1 lakh crore in market-cap for the first time ever.

Avenue Supermarts with the market-cap of Rs 1.01 trillion stands 28th position in overall market-cap ranking at