Avenue Supermarts rises on investing Rs 149.99 crore in Avenue E-Commerce
Avenue Supermarts is currently trading at Rs. 4100.00, up by 43.95 points or 1.08% from its previous closing of Rs. 4056.05 on the BSE.
The scrip opened at Rs. 4075.90 and has touched a high and low of Rs. 4117.15 and Rs. 4072.00 respectively. So far 13386 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4916.30 on 04-Sep-2025 and a 52 week low of Rs. 3528.65 on 02-Mar-2026.
Last one week high and low of the scrip stood at Rs. 4,430.00 and Rs. 3990.50 respectively. The current market cap of the company is Rs. 2,67,648.02 crore.
The promoters holding in the company stood at 74.51%, while Institutions and Non-Institutions held 17.85% and 7.64% respectively.
Avenue Supermarts has invested an amount of Rs 149.99 crore by subscribing to 4,32,90,000 equity shares of Rs 10 each of Avenue E-Commerce (AEL), a subsidiary of company at an issue price of Rs 34.65 per share (including a premium of Rs 24.65 per share). These funds shall be utilised by AEL towards its operational, working capital and capex requirements. The transaction is completed on June 8, 2026.
