News > DMart CEO Ignatius Noronha becomes billionaire

DMart CEO Ignatius Noronha becomes billionaire

18/10/2021 02:39 PM | Click to read full article

Ignatius Navil Noronha, the chief executive officer of Avenue Supermarts Ltd, which runs DMart retail stores, has seen his wealth surge to more than a billion dollars as the shares of the retail firm jumped an astonishing 113% this year.

The stock hit a fresh record high of ₹5,899 on BSE and gained as much as 10.7% in intraday with its market cap surging past ₹3.54 trillion. 

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