Business Standard

Avenue Supermarts m-cap surges past Rs 1 lakh cr mark

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Press Trust of India New Delhi

Avenue Supermarts, the operator of retail chain D-Mart, today closed the trading session with over Rs 1 lakh crore market capitalisation mark.

The market valuation of Avenue Supermarts had surged past the Rs 1 lakh crore-mark in intra-day trade yesterday.

At close, the market valuation of Avenue Supermarts stood at Rs 1,00,196.76 crore.

Shares of the company ended the day at Rs 1,605.50, up 0.73 per cent on BSE. Intra-day, it jumped 1 per cent to Rs 1,610.

At NSE, shares of the company rose by 0.74 per cent to close at Rs 1,606.20.

The company stands at 30th position in the overall m-cap ranking on BSE. Avenue Supermarts is ahead of many blue chip companies such as Tata Motors and Bajaj Auto.

 

Shares of Avenue Supermarts got listed on bourses on March 21, 2017. Since listing, the stock has gained over 150 per cent.

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First Published: Jun 12 2018 | 6:15 PM IST

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