Avenue Supermarts Ltd Share Price – NSE /  BSE

Retail, Mid Cap

Avenue Supermarts will hold a meeting of the Board of Directors of the Company on 11 January 2025.

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ITI Ltd, Lloyds Engineering Works Ltd, Ashapura Minechem Ltd and Shyam Metalics & Energy Ltd are among the other gainers in the BSE's 'A' group today, 03 January 2025.

Avenue Supermarts Ltd spiked 11.85% to Rs 4046.4 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 5.91 lakh shares were traded on the counter so far as against the average daily volumes of 26012 shares in the past one month.

ITI Ltd soared 8.92% to Rs 415.05. The stock was the second biggest gainer in 'A' group. On the BSE, 11.59 lakh shares were traded on the counter so far as against the average daily volumes of 11.57 lakh shares in the past one month.

Lloyds Engineering Works Ltd surged 8.72% to Rs 83.4. The stock was the third biggest gainer in 'A' group. On the BSE, 7.68 lakh shares were traded on the counter so far as against the average daily volumes of 3.38 lakh shares in the past one month.

Ashapura Minechem Ltd added 7.67% to Rs 443.15. The stock was the fourth biggest gainer in 'A' group. On the BSE, 26565 shares were traded on the counter so far as against the average daily volumes of 51664 shares in the past one month.

Shyam Metalics & Energy Ltd spurt 7.08% to Rs 793.7. The stock was the fifth biggest gainer in 'A' group. On the BSE, 69782 shares were traded on the counter so far as against the average daily volumes of 13285 shares in the past one month.

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The key domestic indices pared some losses but traded in negative zone in mid-morning trade. The Nifty traded above the 24,100 level. Pharma shares witnessed profit booking after advancing in past six consecutive trading sessions.

At 11:28 IST, the barometer index, the S&P BSE Sensex declined 308.46 points or 0.39% to 79,634.70. The Nifty 50 index slipped 82.10 points or 0.34% to 24,106.55.

In the broader market, the S&P BSE Mid-Cap index rose 0.09% and the S&P BSE Small-Cap index gained 0.65%.

The market breadth was strong. On the BSE, 2,304 shares rose and 1,443 shares fell. A total of 164 shares were unchanged.

Buzzing Index:

The Nifty Pharma index fell 0.89% to 23,343.85. The index gained 4.26% in past six consecutive trading sessions.

Ajanta Pharma (down 2.39%), Aurobindo Pharma (down 1.75%), Lupin (down 1.67%), Dr Reddys Laboratories (down 1.15%), Cipla (down 1.14%), Abbott India (down 1.07%), Granules India (down 1.07%), Torrent Pharmaceuticals (down 1.01%), Alkem Laboratories (down 0.97%) and Sun Pharmaceuticals Industries (down 0.93%) edged lower.

On the other hand, Gland Pharma (up 3.25%), J B Chemicals & Pharmaceuticals (up 0.75%) and Glenmark Pharmaceuticals (up 0.03%) edged higher.

Stocks in Spotlight:

Avenue Supermarts (DMart) spurted 13.03% after the company reported good Q3 business update. The company's standalone revenue from operations for the quarter ended (QE) 31 December 2024 stood at Rs 15,565.23 crore, up 17.50% year-on-year.

Indian Railway Finance (IRFC) rose 0.52%. The company has signed a memorandum of understanding (MoU) with REMCL to collaborate on financing renewable energy projects awarded by REMCL for supply to Indian Railways.

Hindustan Zinc advanced 2.46% after its mined metal production stood at 265,000 tonnes in Q3 FY25, up 3% QoQ driven by higher mined metal grades and increase in production at Agucha and Zawar mines.

Global Markets:

Asian stocks traded mixed on Friday, defying the gloomy sentiment on Wall Street, where US stocks extended their losing streak to a fifth consecutive day. Equity trading in Japan was closed for a holiday. Chinese stocks are under scrutiny after their worst start to the year since 2016.

US stocks declined on Thursday, erasing early gains following a series of security incidents across the United States in recent days. The Dow Jones Industrial Average shed 156 points, or 0.4%, while the S&P 500 index lost 10 points, or 0.2%, and the NASDAQ Composite dipped by 30 points, or 0.2%.

Investors are closely monitoring the US House Speaker vote on Friday to determine if Mike Johnson will retain his position. Internal disagreements within the Republican party regarding his reelection could potentially hinder the agenda of the President-elect.

Tesla shares plummeted over 6% after the EV manufacturer reported a record number of vehicle deliveries in the fourth quarter, as announced on Thursday. However, these deliveries fell short of consensus expectations.

Apple is offering discounts on its latest iPhone models in China, an unusual move that signifies escalating competition from domestic rivals in the world's largest smartphone market. As a result, the company's shares declined by nearly 3% on Thursday.

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Asahi India Glass Ltd, Oil India Ltd, Quess Corp Ltd, Bank of Maharashtra are among the other stocks to see a surge in volumes on BSE today, 03 January 2025.

Avenue Supermarts Ltd registered volume of 5.44 lakh shares by 10:46 IST on BSE, a 24.71 fold spurt over two-week average daily volume of 22030 shares. The stock rose 13.70% to Rs.4,113.30. Volumes stood at 25766 shares in the last session.

Asahi India Glass Ltd saw volume of 30716 shares by 10:46 IST on BSE, a 7.57 fold spurt over two-week average daily volume of 4059 shares. The stock dropped 2.23% to Rs.736.00. Volumes stood at 2200 shares in the last session.

Oil India Ltd registered volume of 4.5 lakh shares by 10:46 IST on BSE, a 4.53 fold spurt over two-week average daily volume of 99389 shares. The stock rose 4.81% to Rs.485.85. Volumes stood at 2.28 lakh shares in the last session.

Quess Corp Ltd clocked volume of 85847 shares by 10:46 IST on BSE, a 3.62 times surge over two-week average daily volume of 23732 shares. The stock gained 4.09% to Rs.695.70. Volumes stood at 24282 shares in the last session.

Bank of Maharashtra recorded volume of 23.82 lakh shares by 10:46 IST on BSE, a 3.58 times surge over two-week average daily volume of 6.66 lakh shares. The stock gained 3.92% to Rs.54.84. Volumes stood at 5.73 lakh shares in the last session.

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