Avenue Supermarts inches up on reporting 18% rise in standalone revenue in Q1FY25
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Avenue Supermarts is currently trading at Rs. 4781.25, up by 3.25 points or 0.07% from its previous closing of Rs. 4778.00 on the BSE.
The scrip opened at Rs. 4764.95 and has touched a high and low of Rs. 4806.00 and Rs. 4700.00 respectively. So far 29160 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5220.00 on 19-Jun-2024 and a 52 week low of Rs. 3493.05 on 16-Aug-2023.
Last one week high and low of the scrip stood at Rs. 4958.00 and Rs. 4613.05 respectively. The current market cap of the company is Rs. 310816.14 crore.
The promoters holding in the company stood at 74.65%, while Institutions and Non-Institutions held 16.84% and 8.50% respectively.
Avenue Supermarts (DMart) has reported a 18.36% increase in its standalone revenue from operations at Rs 13,711.87 crore in the first quarter of Financial Year 2024-25 (Q1FY25). The company had registered standalone revenue from operations of Rs 11,584.44 crore in Q1FY24. The total number of stores as of June 30, 2024 stood at 371 (including one store at Rajkot, Gujarat which is temporarily closed for customers).
Avenue Supermarts is a Mumbai-based company, which owns and operates D-Mart stores. D-Mart is an emerging national supermarket chain that offers customers a range of home and personal products under one roof.
