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At around 1.00 PM, Avenue Supermarts was trading 0.39% lower at ₹4,374.80 per piece, against the previous close of ₹4,391.90 on NSE.
These shares were exchanged at a price of ₹4,000 per share. With this, the aggregate transaction value is ₹634 Crore.
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Here are some of the stocks that may see significant price movement today: Avenue Supermarts, Just Dial, PCBL, etc.
The transaction comes after Avenue Supermarts' initial disclosure on Oct 7, 2024, which announced the completion of transaction documents for the deal.
Trent also introduced its own lab-grown diamond (LGD) brand 'Pome' at select Westside stores last week, resulting in a 12% increase in stock.
The growing influence of the rapid commerce category hindered the company's Q2 profit, which saw an 8% YoY increase.
Avenue Supermarts reported a 14% year-on-year increase in standalone revenues to ₹14,050 Crore in September 2024.
Here are some of the stocks that may see significant price movement today: Avenue Supermarts, Bank of Baroda, HDFC Bank, etc.
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