DMART ENTERS HIGH-VALUE CLUB Market Capitalization Crossed the Rs. 1.4 lac crore...

DMART ENTERS HIGH-VALUE CLUB

Avenue Supermarts' market capitalization crossed the Rs. 1.4 lac crore mark as the shares surged past Rs. 2270 mark intraday, entering the top 20 most valued Indian companies' club. The value retail chain's market cap has now surpassed Nifty heavyweights like Titan, Wipro, Ultratech and state-run ONGC.

DMart is now the fifth most valuable consumption stock, lagging behind HUL, ITC, Asian Paints & Nestle.

COMPARISON WITH CONSUMPTION STOCKS

CO                          MKT CAP

HUL                         Rs. 4.67 lk cr

ITC                         Rs. 2.65 lk cr

Asian Paints                Rs. 1.79 lk cr

Nestle                      Rs. 1.57 lk cr

DMart                       Rs. 1.40 lk cr