Avenue Supermarts shoots up by 65% since listing
DSIJ Intelligence / 23 Aug 2017
Owner and operator of the D Mart stores, Avenue Supermarts gained through an increase in volume by more than 1.98 times on the BSE in the morning hour on Wednesday.
Owner and operator of the D Mart stores, Avenue Supermarts gained through an increase in volume by more than 1.98 times on the BSE in the morning hour on Wednesday. The scrip jumped to touch a record high of Rs 999 per share with gains of Rs 42.75 per share or 4.47%.
As compared to the stock’s issue price of Rs 299 per share, the stock is currently trading with gains of around 234%.
If the current market price of Rs 999 per share is compared with the listing price of Rs 606 per share, the stock has gained around 65%. The stock had made a mega entry in the market with a bumper listing pricing of Rs 606 at the NSE as against its issue price of Rs 299 per share on March 21, 2017.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.