During FY 2020-21, Avenue Supermarts opened 22 new stores and converted 2 stores into fulfilment centres for Avenue E-commerce.
The market breadth was weak. On the BSE, 1644 shares rose and 778 shares fell. A total of 111 shares were unchanged.
A total of 96,982 cases have been reported in a span of 24 hours, while the death toll increased to 1,65,547 with 446 daily new fatalities
Shares of the company traded 1.66% higher at Rs 61.15 at around 10 am (IST) on Tuesday, while the benchmark BSE Sensex advanced 0.49% to 49,399
On BSE,1575 shares were trading in green, 558 were trading in red and 89 were unchanged.
“India is, by volume, the largest supplier of vaccines for the developing world. Because of the new wave of outbreaks in India right now, the Indian government has stepped up their vaccination programmes"
The rally indicates that an investment of Rs 10,000 in the stock last year would have now become over Rs 45,000
In opening trades, Sensex gained 357 points, or 0.73%, at 49,516 and the Nifty50 index at 14,734 jumped 96 points or 0.66%.
IRCON International said the company's board of directors approved and recommended the issuance of one bonus share for each share held as on the date of record date.