D-Mart Investors See Bumper Gains As Shares More Than Double On Day 1

Shares of Avenue Supermarts, which operates D-Mart stores, more than doubled in value in their trading debut on Tuesday, after raising Rs 1,870 crore in an initial public offering that drew strong demand. Shares in the popular supermarket operator were trading at Rs 633, up 111 per cent from its issue price of Rs 299.  Avenue Supermarts operates 118 supermarkets across 45 cities under the "D-Mart" brand, offering a range of items fro...