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Avenue Supermarts News
Stock market tips: Shares to buy to make money fast from Dalal Street – Check list
Thu, Aug 01, 2019
DMart has industry-leading sales per square feet, rising competition in grocery retailing may pressure its margins in our view, Edelweiss said.
Stock market tips: Should you buy Vedanta, Avenue Supermarts, Karnataka Bank shares? Here is what experts say
Tue, Jul 16, 2019
Brokerage Edelweiss maintains s‘HOLD’ with a target price of Rs 175 on Vedanta share.
Stocks of the day: These 5 shares may give you good returns
Mon, Jul 15, 2019
Brokerages Edelweiss and JM Financial have given a buy call on Infosys share.
Market cheers Radhakishan Damani! D-Mart market value surpasses Rs 1 lakh crore mark for first time at closing
Tue, Jun 12, 2018
The market valuation of Avenue Supermarts, the operator of retail chain D-Mart, quoted above Rs 1 lakh crore-mark for the first time today on market closing basis. It had briefly touched this mark in intraday trade on Tuesday.
Avenue Supermart gave whopping 442% returns; D-Mart promoter set to make investors richer still
Mon, Jun 11, 2018
Avenue Supermart, the company behind D-Mart, joined the prestigious club of companies with Rs 1 lakh crore market capitalisation today. Avenue Supermart touched a fresh high of Rs 1,619.95 per piece on BSE rallying over 2% on the index.
Radhakrishna Damani will reduce 1% stake in DMart; Should you invest in the stock price?
Sun, May 20, 2018
In a notification, ASL stated that, Damani one of our promoter has conveyed to us to his intention to sell the equity shares of face value of Rs 10 each of the company to enable us to comply with requirement of minimum public shareholding.
Companies may use IPO market boom to meet credit demand
Mon, Dec 04, 2017
"There are various reasons that can explain the recent splurge in the IPO market. Ease of listing criteria for MSME has been one of the reasons for increasing number of companies approaching capital market,” said Dr Soumya Kanti Ghosh, Group Chief Economic Adviser at SBI.
These 10 IPOs of 2017 have returned handsome returns; are you invested?
Wed, Sep 27, 2017
A total of 24 companies have launched their IPOs and cumulatively raised about Rs 21,560 crore through the route.
Hurun India Rich List: Three surprises that came this year apart from Mukesh Ambani
Tue, Sep 26, 2017
Hurun India Rich List is a list of the richest people in India with a cut-off at Rs 1,000 crore. As per the official release, the wealth calculations are a snapshot of networth of living individuals as of July 31, 2017.
Salasar Techno Engineering lists at premium of 152%; best performer in a decade
Tue, Jul 25, 2017
Salasar Techno Engineering has turned out to be the best listing since 2000. The IPO was subscribed over 270-times.
Avenue Supermarts shares touch 52-week high giving 222% return in four months
Mon, Jul 24, 2017
Avenue Supermarts, which owns DMart retail chain, posted a net profit of Rs 174.77 crore in Q1, a rise of 47.55% compared to Rs 118.44 crore in the corresponding period of the previous year.
Avenue Supermarts Q1 net profit rises by 48% yoy; to issue Rs 1,000 crore worth bonds
Sat, Jul 22, 2017
ASL posted net profit of Rs 174.77 crore in Q1, a rise of 47.55% compared to Rs 118.44 crore in the corresponding period of the previous year. On QoQ basis also the company performed good.
Market review: Equities trim gains on global cues, profit booking
Sat, Mar 25, 2017
Market analysts observed that profit booking after two successive weeks of gains brought in some volatility in the domestic bourses.
DMart listing: First time in 12 years an IPO saw over 100% listing gains on day 1
Tue, Mar 21, 2017
ASL's listing price stands at fifth place after FCS Software Solution which got listed at 200% premium in 2005, followed by Indraprastha Gas Limited with 150% premium (2003), Nandan EXIM with 140% premium (2005) and TV Today Network which got listed at premium of 121% in the year 2005.
D-Mart's listing price at Rs 604 against IPO price of Rs 299 per share
Tue, Mar 21, 2017
At Rs 604.40 per share, the listing price is 102.14% or Rs 305.40 higher than its issue price of Rs 299 per share .
Avenue Supermarts raises Rs 561 cr from anchor investors; IPO to open today
Wed, Mar 08, 2017
The company has allotted little over 1.87 crore shares to 35 anchor investors at the upper price band of Rs 299 apiece.
Two IPOs headed for markets this week, eye Rs 2,300 crore
Mon, Mar 06, 2017
So far this year, Asia's oldest stock exchange BSE got listed on the rival NSE's platform.