Radhakishan Damani

Notably, the management of DMart has indicated a store expansion target of around 15 per cent annually, implying approximately 75 new stores, which is below the market's expectation.

Radhakishan Damani-backed DMart had posted its June quarter earnings on Saturday, wherein it said its consolidated net profit rise 11.3 per cent to ₹860 crore.

NSE's impending IPO is set to unlock value for a broad base of investors, including institutions like LIC, and market gurus such as Radhakishan Damani, Dolly Khanna and Raamdeo Agrawal, among others

Billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), has invested around Rs 90 crore in eyewear retailer Lenskart Solutions in a pre-IPO (initial public offering) funding round, people familiar with the development said on Friday. The investment comes ahead of Lenskart's maiden public offering, which is expected to open for public subscription next week. The eyewear retailer is looking to raise Rs 2,150 crore through fresh issuance of equity shares, besides, promoters and investors would offload 13.22 crore equity shares, according to the Draft Red Herring Prospectus (DRHP). As a part of the OFS, promoters -- Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi; investors -- SVF II Lightbulb (Cayman) Ltd, Schroders Capital Private Equity Asia Mauritius Ltd, PI Opportunities Fund II, Macritchie Investments Pte. Ltd., Kedaara Capital Fund II LLP, and Alpha Wave Ventures LP -- would offload shares. Lenskart proposes to utilise the proceeds from the

DMart stock witnessed a breakout on the daily chart in recent days, overall bias to remain positive as long as the stock trades above ₹3,930 levels, suggests technical chart.

The uptick in Avenue Supermarts' share price came on the back of the news that the company has opened 4 new stores, bringing the total number of stores to 396 as of today

Shares of VST Industries hit a new high of Rs 486.70, as they locked in 20 per cent upper circuit on the BSE on Friday at 09:21 AM, in an otherwise a weak market.

Here's a technical outlook on some of the key stocks owned by ace investor Radhakishan Damani.

Shares of VST Industries hit a 52-week high of Rs 4,784.45, rallied 16% after the company said its board may consider issue of bonus shares in the forthcoming meeting on Thursday, July 25, 2024.

Sachin Bansal and Binny Bansal of Flipkart, Deepinder Goyal of Zomato among others in the list

According to the Forbes India Rich List 2023, Savitri Jindal is the wealthiest Indian woman

The transaction was done via Damani's flagship investment vehicle, Bright Star Investments, late last week

The penthouse has been purchased in the Three Sixty West project at Annie Besant Road in Worli, Mumbai

Each apartment is about 5,000 sq ft in size and has been sold for Rs 50-60 crore

Trust in guru's name: Damani could manage Big Bull's estate

Rakesh Jhunjhunwala, who passed away on August 14, is said to have 'meticulously' planned everything about his wealth as he had been sick for over 8 months

Avenue Supermarts could scale up the chain known for its knockdown prices on everything from lentils to laundry powder to 1,500 supermarkets from 284

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May monetise Avenue Supermarts stake to raise funds

Shares of Avenue Supermarts crossed the Rs 5,000 mark for the first time