Shares of Avenue Supermarts Ltd., the parent company of D-Mart, witnessed a significant decline of up to 6% on June 10 following a ₹634 crore block deal.
🔴 Key Highlights:
- 16 lakh shares changed hands in multiple transactions at an average price of ₹4,000 per share.
- The deal represented 0.21% of the company’s total outstanding equity, causing a 4.2% discount compared to the previous session’s closing price of ₹4,179.10.
- Buyers and sellers involved in the transaction remain undisclosed, adding to market speculation.
- Avenue Supermarts’ stock fell to an intraday low of ₹3,928.90, before recovering slightly to ₹4,090.8 by afternoon trading.
- The company reported a 2.2% decline in standalone net profit for Q4 FY25, standing at ₹551 crore, compared to ₹563 crore in the same quarter last year.
📢 Market Reaction:
- Investors reacted cautiously, with trading volume tripling the 20-day average.
- Analysts suggest the block deal could indicate institutional investor activity, but uncertainty remains over its long-term impact.
⚠️ Strategic Impact:
- The stock has gained 13% in 2025 so far, but this sudden drop raises concerns over short-term volatility.
- Avenue Supermarts continues to expand its retail footprint, but profit margins remain under pressure.
👉 What do you think? Will Avenue Supermarts recover from this dip, or is more volatility ahead? Drop your thoughts in the comments!
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