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Avenue Supermarts hits new high; market-cap crosses Rs 900-billion

Avenue Supermarts with the m-cap of Rs 921.77 billion stands in at number 33rd position in overall m-cap ranking at 11:59 am, the BSE data shows.

The company added four D-Mart stores during the Q2 FY18
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The company added four D-Mart stores during the Q2 FY18

SI Reporter Mumbai
Avenue Supermarts, which owns and operates D-Mart stores, crossed Rs 900 billion in market capitalisation (market-cap) for the first time on Tuesday after the stock price of the company hit new high on the BSE.

Avenue Supermarts with the m-cap of Rs 921.77 billion stands in at number 33rd position in overall m-cap ranking at 11:59 am, the BSE data shows. The stock was trading 3% higher at Rs 1,476 as compared to 0.28% rise the S&P BSE Sensex.

Avenue Supermarts touched intra-day high of Rs 1,479, its highest level since listing on March 21, 2017. Shares of

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