Shares of Avenue Supermarts Ltd., operator of the DMart retail chain, rose as much as 3.5% to ₹4,203.55 in early trading on Wednesday after the company said it has opened a new hypermarket in Agra, Uttar Pradesh. The expansion marks the retailer’s latest push into northern India and lifted the stock more than 2% for the session at one point. Zydus Wellness Ltd. advanced roughly 7% after PPFAS Mutual Fund acquired a stake in the consumer-health company, filling the position vacated by private-equity firm True North. Investors welcomed the entry of the long-term domestic fund manager, driving the stock sharply higher during morning deals.
#MarketsWithBS | Avenue Supermarts (DMart) share price gained 3.5 per cent in morning deals and the stock touched an intraday high at ₹4,203.55 per share #Stocks #markets #stockmarketindia #stockmarketnews #sharemarket #AvenueSupermarts #DMart https://t.co/HW6TuwPqxO
#MarketsWithBS | Zydus Wellness shares rally 7% as PPFAS picks up stake post True North exit #Stocks #markets #stockmarketindia #stockmarketnews #sharemarket #ZydusWellness https://t.co/h4b5KC76vG
#MarketsWithMC | DMart shares rise over 3% after firm announces new store opening in Agra #Agra #DMart #Shares More details 👇 https://t.co/ddQ3H6uOVO