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Avenue Supermarts gains on raising Rs 100 crore via CP

20 Mar 2019 Evaluate

Avenue Supermarts is currently trading at Rs. 1493.00, up by 14.65 points or 0.99% from its previous closing of Rs. 1478.35 on the BSE.

The scrip opened at Rs. 1479.00 and has touched a high and low of Rs. 1498.90 and Rs. 1473.00 respectively. So far 4707 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1696.15 on 19-Dec-2018 and a 52 week low of Rs. 1126.95 on 23-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1515.60 and Rs. 1458.55 respectively. The current market cap of the company is Rs. 93344.32 crore.

The promoters holding in the company stood at 81.20%, while Institutions and Non-Institutions held 8.95% and 9.84% respectively.

Avenue Supermarts has raised fund through issuance of Commercial Paper (CP) worth Rs 100 crore. The company has issued CP on March 19, 2019 and will mature on June 17, 2019. The rating agency, CRISIL has assigned ‘A1+’ rating to the instrument.

Avenue Supermarts is a Mumbai-based company, which owns and operates DMart stores. D-Mart is an emerging national supermarket chain that offers customers a range of home and personal products under one roof.

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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