With networth of Rs 35,734 cr, D-Mart's Damani beats big boys of India
Wednesday, March 22, 2017, 3:36 PM
Avenue Supermarts is now the most valued Indian retail firm, with a market capitalisation of Rs.39,988 crore on the BSE. This is 3.3 times the Rs.12,000-crore market capitalisation of Kishore Biyani-promoted Future Retail, which is second on the list. The networth of promoter-founder, Radhakishan S Damani has also got a big boost, rising about $2.5 billion or Rs.16,300 crore in a day.