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Avenue Supermart News
Hot Stocks! From DMart, ITC, Colgate to Britannia, Goldman Sachs says add these 6 stocks in your cart
Wed, Jun 19, 2019
Goldman Sachs expects sales growth recovery from 4QFY20E partly driven by softer comps.
Amazon, Flipkart intensify competition in grocery segment - Will Radhakishan Damani’s Avenue Supermart make a mark?
Tue, Apr 02, 2019
Currently, DMart has over 150 Dmart Ready pick-up points (PUPs) in Mumbai, Navi Mumbai and Thane areas, up from 75 PUPs a year back.
A bloody Monday for Radhakishan Damani led DMart as stock tumbles over 9%; party over for Avenue Supermarts or should you buy?
Mon, Jan 14, 2019
In Q3FY19, Avenue Supermarts witnessed single-digit growth of 2.1% in net profit to Rs 257 crore compared to Rs 252 crore net profit in the corresponding period of previous year. This is seen as the slowest quarter in eight.
How to become rich in stock market? Create a thematic portfolio
Tue, Jul 24, 2018
Brokerage firms have launched online thematic stock portfolios that let you focus on specific ideas, and control your exposure to high-conviction bets. DNA Money spoke to industry experts to help you understand the pros and cons, and things to consider before you sign-up.
D-Mart share price enters exclusive Rs 1 lakh crore market cap club
Mon, Jun 11, 2018
D-mart share price added 35 per cent on a year-to-date basis, while it rallied 150 per cent since its listing in March 2017 against an issue price of just Rs 299. The scrip has gained over 15 per cent in the last two sessions.
D-Mart share price sees its worst day on Radhakishan Damani move; check out reason why
Fri, May 18, 2018
Avenue Supermarts share price slipped 8 per cent on Friday after the company announced that its promoter and billionaire investor Radhakishan Damani will sell up to 1 per cent stake in the company for an estimated sum of over Rs 888 crore. Avenue Supermarts operates the D-Mart stores.
D-Mart share price tanks 4% after Q4 numbers; Buy or sell? Here is what you should do
Mon, May 07, 2018
D-Mart share price, reacting to the quarterly earnings numbers, slipped as much as 3.7 per cent to Rs 1433.45 on the BSE. "D-Mart 4QFY18 net profit of Rs 1.7 billion was below estimates due to slower-than-expected revenue growth of 22.5 per cent year on year and lower margins," explained brokerage Kotak Securiuties in its results review report.
This stock made investors richer by 395%; More profit to be made
Tue, Apr 10, 2018
While D'Mart, which offers 'every day low price' across all products and categories, is a high-quality company, fresh investors must take a note of its significantly rich valuations.
Avenue Supermarts Q2 net profit up 65.2% to Rs 191 crore
Sat, Oct 14, 2017
Avenue Supermarts, which owns and operates retail chain DMart reported a net profit for the July-September quarter of Rs 191 crore, registering a year-on-year increase of 65.2 per cent.
Avenue Supermarts continues to be the best bet in IPOs this year; see list
Wed, Jun 21, 2017
A total of 10 companies have finished their IPO issue in the six months of 2017 raising over Rs 6,500 crore.
India's first state-run company IPO in 5 years receives strong response
Fri, May 12, 2017
Investors bid for 16.22 billion shares compared with about 204 million on offer, according to stock exchange data on Thursday, the closing date for applications.
Avenue Supermarts Q4 results: Healthy revenue, PAT expected?
Fri, May 05, 2017
Within three weeks of its listing, the company managed to cross Rs 800 per piece, which makes it the most expensive share in retail segment.
Avenue Supermart gave return of 167% from its issue price
Mon, Apr 10, 2017
Avenue Supermart (parent company of D-Mart) on its listing day had attracted bids for nearly 106 times as against its initial public offering (IPO).
DMart: Stock has doubled in a day; should you buy it now?
Wed, Mar 22, 2017
Jimeet Modi, CEO, SAMCO securities said, “Though, medium and short term investors/traders should at least book partial profits as in medium term D-Mart stock can under-perform given its stretched valuations and also the market is consolidating after making a fresh high. Long term portfolio investors are advised to held on to their positions.”
Avenue Supermarts IPO a huge hit; oversubscribed 104.5 times
Sat, Mar 11, 2017
The price band for the IPO has been set at Rs 295-299.
Avenue Supermarts IPO opens today: Here's what the brokerages say
Wed, Mar 08, 2017
D-Mart has been recording double-digit growth in the range of 10% - 14%.