Avenue Supermarts Limited is an Indian company which is the owner of DMart stores. DMart is a supermarket chain that has a presence all over India. With around 1132 employees and plans for expansion on the company’s radar, Avenue Supermarts shares have had a good run, historically. Since the past five years, the share has seen some ups and downs but usually comes up winning.
The future of Avenue Supermarts is bright with a forecast of earnings growth predicted at 20% or more, and revenue growth estimated to rise by more than 17%, on a per-year basis, respectively.
As on 3 April 2023, Avenue Supermarts trending volume was at 429,164.
Based on data from December 2022, the Standalone Net Sales were at Rs. 11,304.58 crores. This indicates a YoY rise of 24.7%. The Consolidated Net Sales were at Rs. 11,569 crore, up by 25.51% YoY. Profit rose by 6.6% and revenue was up by 25%.
The major stockholders of Avenue Supermart shares are:
Avenue Supermarts has not offered any bonus shares to date, and information to this effect is inconclusive overall.
You can buy Avenue Supermarts shares through a broker like Motilal Oswal with access to the stock exchange to buy and sell stock. First, you will have to open a demat account linked to a trading account. Then you can transact in stocks.