Avenue Supermarts extends gain as founder RK Damani completes 1% stake sale

The stock was up 5% to Rs 1,476, extending its Thursday's 3.3% gain on the BSE. Shares of Avenue Supermarts that runs the D-Mart retail stores was trading higher by 5% at Rs 1,476, extending its Thursday’s 3.3% gain on the BSE, after the founder Radhakishan Damani completed sale of 6.24 million shares, or 1%, of total equity of the company for achieving minimum public share holding.

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