New Delhi, June 10 -- The shares of this Radhakishan Damani held stock declined by 6 percent on Tuesday after a block deal took place. In this article, we will discuss about the details of this block deal.

With a market capitalization of Rs 2,64,198 crore, the shares of Avenue Supermarts are currently trading at Rs 4,060 per share, down by 26 percent from its 52-week high of Rs 5,484.85 per share. Over the past five years, the stock has delivered 69.28 percent.

On Tuesday, Avenue Supermarts, which is the holding organization for D-Mart, saw a block trade of 16 lakh shares at an average of Rs 4,000 per share, down 4.28 percent from the prior closing price. This was a 0.21 percent equity stake and was valued at around Rs 640 crore. Howeve...