Avenue Supermarts trades higher despite market fall
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Avenue Supermarts is trading higher despite the market fall as traders opted to buy defensive stocks.
The stock is currently trading at Rs. 4390.50, up by 40.90 points or 0.94% from its previous closing of Rs. 4349.60 on the BSE.
The scrip opened at Rs. 4360.05 and has touched a high and low of Rs. 4580.60 and Rs. 4360.05 respectively. So far 72307 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4916.15 on 22-May-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. 4580.60 and Rs. 4254.55 respectively. The current market cap of the company is Rs. 290812.61 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 opened a new store at Nalasopara, Palghar (Maharashtra) on May 14, 2024. The total number of stores as on date stands at 368. Earlier, the company opened a new store at Abrama, Valsad (Gujarat) on May 4, 2024.
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.
