AvenueSupermarts declines despite reporting 14% rise in standalone revenue in Q2FY25
Avenue Supermarts is currently trading at Rs. 4785.00, down by 155.20 points or 3.14% from its previous closing of Rs. 4940.20 on the BSE.
The scrip opened at Rs. 4880.00 and has touched a high and low of Rs. 4880.00 and Rs. 4701.90 respectively. So far 23475 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5484.00 on 24-Sep-2024 and a 52 week low of Rs. 3618.85 on 25-Oct-2023.
Last one week high and low of the scrip stood at Rs. 5217.05 and Rs. 4701.90 respectively. The current market cap of the company is Rs. 311570.99 crore.
The promoters holding in the company stood at 74.65%, while Institutions and Non-Institutions held 17.24% and 8.10% respectively.
Avenue Supermarts (DMart) has reported a 14.16% increase in its standalone revenue from operations at Rs 14,050.32 crore in the second quarter of Financial Year 2024-25 (Q2FY25). The company had registered standalone revenue from operations of Rs 12,307.72 crore in Q2FY24. The total number of stores as of September 30, 2024 stood at 377.
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.
