MoneyWorks4Me

Nomura India Investment Fund buys 32.33 lakh shares of Avenue Supermarts

22 Mar 2017 Evaluate

Nomura India Investment Fund Mother Fund has bought 32.33 lakh shares of Avenue Supermarts through the open market route. The shares were purchased on an average price of Rs 604.84 valuing the transaction to Rs 195.60 crore.

Avenue Supermarts is an emerging national supermarket chain, with a focus on value-retailing. The company offers a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories.

Peers
Company Name CMP
Avenue Supermarts 3711.95
Trent 2772.20
Vishal Mega Mart 101.30
PN Gadgil Jewellers 609.10
Aditya Birla Life 82.36
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