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Avenue Supermarts makes best debut in secondary markets in 12 years

Avenue Supermarts makes best debut in secondary markets in 12 years

Wednesday, March 22, 2017, 8:29 AM

Shares of Avenue Supermarts, which got listed on the stock exchanges on Tuesday, marked the best debut in the secondary market in nearly 12 years. After opening at Rs.604.4 or over 102% higher on the BSE, shares of the parent company of D-Mart stores strengthened further to end the day at Rs.640.75, a gain of over 114% compared with the issue price of Rs.299/share.
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