Do you Agree that Listing of D-mart has brought smiles on the face of Investors?

990 Views Updated: 22 Mar 2017
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Do you Agree that Listing of D-mart has brought smiles on the face of Investors?
Avenue Supermarts, the operator of supermarket retail chain D-Mart, more than doubled on debut on hefty buying by investors. The stock listed at Rs 604.4 on the Bombay Stock Exchange, up 102 percent over the issue price of Rs 299. Investors earned huge returns on their money invested in the issue. One lot of 50 shares at issue price of Rs 299 cost Rs 14,950 for an investor. At listing price of Rs 610, the total value of investment jumped Rs 30,500.

Does the list bring cheerful smiles on the Investors, with their Investment being 114 % returns in just 10 days?
Opinion
Yes

Yes, D-mart has brought smiles on the face of Investors.

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