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Avenue Supermarts gains on raising Rs 100 crore via NCDs

30 Sep 2019 Evaluate

Avenue Supermarts is currently trading at Rs. 1894.80, up by 3.80 points or 0.20% from its previous closing of Rs. 1891.00 on the BSE.

The scrip opened at Rs. 1891.05 and has touched a high and low of Rs. 1905.35 and Rs. 1871.10 respectively. So far 17312 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1944.00 on 23-Sep-2019 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. 1944.00 and Rs. 1782.50 respectively. The current market cap of the company is Rs. 117153.14 crore.

The promoters holding in the company stood at 81.20%, while Institutions and Non-Institutions held 9.04% and 9.75% respectively.

Avenue Supermarts’ board has allotted 1,000 Secured Rated Unlisted Redeemable Non-Convertible Debentures (NCDs) of Rs 10,00,000 each aggregating to Rs 100 crore on private placement basis. The Committee of Directors at its meeting held on September 27, 2019 has approved and allotted the same.

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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