INSUBCONTINENT EXCLUSIVE:
Avenue Supermarts, the parent of hypermarket chain D-Mart, scaled a fresh all-time high of Rs 1,494.80 in the afternoon trade on Monday,
with market capitalisation surpassing Rs 90,000 crore-mark for the first time ever since its listing last year.
Its m-cap stood at Rs
39,988.21 crore on the listing day, March 21, 2017.
Nearest biggies Mahindra Mahindra (MM) and BPCL have readings of Rs 96,720 crore and
98,484 crore, respectively.
Share price of Avenue Supermarts closed 3.48 per cent up at Rs 1,488, whereas benchmark BSE Sensex settled 91.71
points up at 33,880.
Brokerages are optimistic about the scrip's upside
This is made available by minimising its cost of procurement, supply and operation
of high growth and profitability in all of its performance matrices
