Avenue Supermarts Sees Massive Block Trade Worth ₹409.74 Crore on NSE
Avenue Supermarts, the company behind DMart retail chain, experienced a significant block trade on the National Stock Exchange. The transaction involved 1,024,354 shares at ₹4,000.00 per share, totaling ₹409.74 crore. This block trade represents approximately 0.16% of the company's total outstanding shares.

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In a significant market development, Avenue Supermarts DMart , the company behind the popular DMart retail chain, witnessed a substantial block trade on the National Stock Exchange (NSE). The transaction, involving approximately 1,024,354 shares, was valued at an impressive ₹409.74 crore.
Block Trade Details
The block trade saw the shares changing hands at a price of ₹4,000.00 per share. This large-scale transaction highlights the continued interest in Avenue Supermarts among institutional investors and major market players.
Impact and Significance
Block trades of this magnitude often attract attention in the financial markets as they can indicate shifts in institutional holdings or strategic moves by large investors. For Avenue Supermarts, this transaction represents about 0.16% of the company's total outstanding shares, based on its current market capitalization.
About Avenue Supermarts
Avenue Supermarts, known for its DMart stores, is one of India's leading supermarket chains. The company has gained popularity for its everyday low price strategy and efficient operations. This block trade comes at a time when the retail sector in India continues to evolve, with organized retail players like DMart playing a crucial role in the market.
While the identities of the parties involved in this block trade remain undisclosed, as is typical in such transactions, the move underscores the liquidity and investor interest in Avenue Supermarts' stock. As always, investors and market analysts will be keen to observe any potential impact this transaction might have on the company's stock performance in the coming days.
Note: This article is based on the latest available market data and does not constitute investment advice. Investors should conduct their own research or consult with financial advisors before making investment decisions.
Historical Stock Returns for Avenue Supermarts DMart
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+4.17% | +3.68% | +0.51% | +20.27% | -14.30% | +79.87% |