Avenue Supermarts’ shares jump 4%

New Delhi: Shares of Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, climbed more than 4 per cent on Monday after the company reported an increase of 17.45 per cent in consolidated net profit for the June quarter.

The stock went up by 4.29 per cent to Rs 5,166.10 on the BSE. At the NSE, it rallied 4.45 per cent to Rs 5,164 apiece. Avenue Supermarts Ltd on Saturday reported an increase of 17.45 per cent in consolidated net profit at Rs 773.68 crore for the June quarter, helped by improvement in sales from general merchandise and apparels.