/ Avenue Supermarts surges on reporting 43% rise in Q1 net profit ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 31 July 2018

Avenue Supermarts is currently trading at Rs. 1651.70, up by 59.05 points or 3.71% from its previous closing of Rs. 1592.65 on the BSE.The scrip opened at Rs. 1622.00 and has touched a high and low of Rs. 1663.80 and Rs. 1622.00 respectively. So far 222637 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,663.80 on 13-Jun-2018 and a 52 week low of Rs. 861.00 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 1,663.80 and Rs. 1,542.00 respectively. The current market cap of the company is Rs. 103167.41 crore.

The promoters holding in the company stood at 81.20%, while Institutions and Non-Institutions held 8.46% and 10.34% respectively.

Avenue Supermarts has reported a rise of 43.39% in its net profit at Rs 250.61 crore for the quarter ended June 30, 2018 as compared to Rs 174.77 crore for the same quarter in the previous year. Total income of the company increased by 26.31% at Rs 4,573.67 crore for Q1FY19 as compared Rs 3,621.00 crore for the corresponding quarter previous year.

Avenue Supermarts is a Mumbai-based company, which owns and operates DMart stores. D-Mart is an emerging national supermarket chain that offers customers a range of home and personal products under one roof


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