D-Mart parent Avenue Supermarts shares see sharp fall after ₹634 crore block deal

2 days ago

D-Mart parent Avenue Supermarts shares see sharp fall after ₹634 crore block deal

As many as 16 lakh shares of the parent of the hypemarket chain, changed hands in multiple transactions, according to data available. 

D-Mart parent Avenue Supermarts shares see sharp fall after ₹634 crore block deal

Shares of Avenue Supermarts Ltd. fell as much as 6% on Tuesday, June 10, after a block deal that took place in the stock.

As many as 16 lakh shares of the parent of the hypemarket chain, changed hands in multiple transactions, according to data available.

Shares changed hands at an average price of ₹4,000 per share, taking the total transaction value to ₹634 crore.

Buyers and sellers in the transaction are not officially known yet.

At this time of the day, the trading volume for Avenue Supermarts was thrice the 20-day average.

Avenue Supermarts are currently trading at a one-year forward multiple of 79 times Earnings Per Share. On a trailing basis, it trades at 96 times.

Shares of Avenue Supermarts Ltd. are currently trading 3.5% lower at ₹4,031.6. The stock is flat over the last one month but has risen 13% so fa in 2025.

This is a developing story.

First Published: 

Jun 10, 2025 12:39 PM

IST

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