Avenue Supermarts volatile

Avenue Supermarts is pretty volatile today; from its close of Rs.4156.40, it opened higher at Rs.4163.35 but soon profit booking pule down the stock to Rs.3941, down 5% and currently also remains in the red.

The company posted its company update for Q4FY25 and for FY25 and the news was good.

Its standalone revenue from operations was at Rs 14,462 crore for Q4FY25, a growth of 16.7% on year (YoY). And the growth is 68% when compared to Q4FY22.

It added 28 new stores during the quarter and this was its highest quarterly net store additions ever, totalling 415 stores now.