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Avenue Supermarts jumps most since listing after Goldman’s ‘buy’ rating

India Food Forum - 2023 > FOOD & GROCERY > Avenue Supermarts jumps most since listing after Goldman’s ‘buy’ rating

Avenue Supermarts jumps most since listing after Goldman’s ‘buy’ rating

September 28, 2017 | indiafood forum | FOOD & GROCERY

Shares of Avenue Supermarts Ltd. rose as much as 18.3 percent, the most since its March 21 listing, to a record after Goldman Sachs initiated coverage with a ‘Buy’ on the stock. The brokerage expects the parent of supermarket chain D-Mart to get a boost from a growing share of organised retail after the Goods and Services Tax rollout…READ MORE