Avenue Supermarts is currently trading at Rs. 2482.00, up by 87.35 points or 3.65% from its previous closing of Rs. 2394.65 on the BSE.
The scrip opened at Rs. 2394.65 and has touched a high and low of Rs. 2497.00 and Rs. 2382.15 respectively. So far 48030 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2537.00 on 10-Feb-2020 and a 52 week low of Rs. 1225.95 on 15-May-2019.
Last one week high and low of the scrip stood at Rs. 2537.00 and Rs. 2250.05 respectively. The current market cap of the company is Rs. 154548.71 crore.
The promoters holding in the company stood at 79.73%, while Institutions and Non-Institutions held 10.93% and 9.34% respectively.
Avenue Supermarts’ board has allotted 20,000,000 equity shares of face value Rs 10 each to eligible qualified institutional buyers at the issue price of Rs 2,049 per equity share (including a premium of Rs 2,039 per equity share), aggregating to Rs 4098 crore. The Operations Committee of Directors at its meeting held on February 11, 2020 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.
