Avenue Supermarkets D-mart

Religare, VIP Industries, DMart: Trading strategies for stocks in news

Technical charts show that Religare and VIP can potentially rally up to 30% from here, while DMart stock can slip another 7%. These are the key levels to watch out for on these 3 stocks.

Under Noronha's leadership, DMart's market capitalisation soared 500%

Before joining Avenue Supermarts in 2004, Noronha worked as a sales executive at Hindustan Unilever

D-Mart appoints Anshul Asawa as CEO, Neville Noronha to step down in 2026

Avenue Supermarts, which owns and operates the retail chain D-Mart, has announced a top-level management reshuffle with the appointment of Unilever's Anshul Asawa as its CEO Designate. Asawa currently serves as Country Head of Unilever in Thailand and General Manager for the Home Care business unit in Greater Asia. The incumbent Managing Director and CEO Neville Noronham, whose current term is ending in January 2026 - a year from now, will not be offering his candidature for renewal of his role, according to a statement from Avenue Supermarts. "The Board of Directors honours his decision and expresses profound gratitude for his extraordinary contribution to the company. The Board has appointed Anshul Asawa as the CEO Designate, effective March 15, 2025," it said. Noronha has been associated with D-Mart for the last two decades. He joined DMart in January 2004 and has shepherded the company from its early years -- from 5 stores to its current position as one of the largest supermar

DMart Q3FY25 results: Avenue Supermarts net profit up 4.8% at Rs 723.4 cr

Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported a 4.8 per cent rise in its consolidated net profit to Rs 723.54 crore for the third quarter ended December 2024. The company had posted a net profit of Rs 690.41 crore a year ago, according to a regulatory filing by Avenue Supermarts. Its revenue from operations rose 17.68 per cent to Rs 15,972.55 crore during the quarter under review. It was Rs 13,572.47 crore in the corresponding quarter of the last fiscal. "PAT margin stood at 4.5 per cent in Q3 FY25 as compared to 5.1 per cent in Q3 FY24," Avenue Supermarts said in its earnings statement. Its total expenses increased 18.52 per cent to Rs 15,001.64 crore. Avenue Supermarts' total income, which includes other income, was Rs 15,996.69 crore, up 17.57 per cent in the December 2024 quarter. Avenue Supermarts CEO and Managing Director Neville Noronha said, "The Q3 FY 2025 same-store revenue growth for 2 years and older stores was at 8.3 per

FMCG major Dabur India's stock seems reasonably valued post correction

Dabur is expanding its premium portfolio and Total Addressable Market (TAM). The company estimates its existing portfolio, contributes less than 5 per cent of TAM

Zomato, Bajaj Fin: 5 largecaps that can gain over 20% in 2025; time to buy?

In the year 2024, every second stock among largecaps surged more than 50%, with 3 doubling investors' wealth. As we near the end of the calendar year, here are 5 potential stock winners for 2025.

DMart shares plunge 9% as it misses Q2 street estimates; brokerages mixed

The fall in DMart share price came after the company's September quarter results missed street expectations.

RK Damani stock portfolio: How to trade in DMart, Aptech, VST Industries

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

DMart stock price rises 4% on robust Q1FY25 results; up 28% in six months

The stock was off highs and was trading merely 0.59 per cent higher at Rs 4,982.55 per share, at 9:57 AM. In comparison, BSE Sensex was trading 0.15 per cent higher at 80,643.32 levels

D-Mart Q1 results: Net profit rises 17.5% to Rs 774 cr, sales up 18.5%

Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported an increase of 17.45 per cent in consolidated net profit at Rs 773.68 crore for the June quarter, helped by improvement in sales from general merchandise and apparels. The company had posted a net profit of Rs 658.71 crore in the April-June period a year ago, according to a regulatory filing from Avenue Supermarts. Its revenue from operations was up 18.57 per cent to Rs 14,069.14 crore during the quarter under review as against Rs 11,865.44 crore in the corresponding quarter last fiscal. Avenue Supermarts' total expenses in the June quarter were up 18.62 per cent to Rs 13,056.61 crore. Avenue Supermarts' total income was Rs 14,110.74 crore, up 18.54 per cent in the June quarter. Commenting on the results, Avenue Supermarts CEO & Managing Director Neville Noronha said, "Contribution from general merchandise and apparel continued to improve during the quarter and this is reflected in the ...

Growth in the discretionary segment key for Avenue Supermarts stock

Stable GMA share helped the company report steady gross margins of 14.9 per cent

Avenue Supermarts soars 5% in weak market post Q2 business update

The company reported an 18.51% YoY increase in its standalone revenue from operations at Rs 12,308 crore in the September quarter

General merchandise and apparel growth key for DMart's margin gains

The retailer's revenues in Q2 were lower than estimates

Avenue Supermarts' m-cap crosses Rs 1.5 trillion-mark, zooms 34% in 5 weeks

The operations committee of the Board of Avenue Supermarts is scheduled to meet today to consider and approve the issue price, including a discount, if any, for the QIP issue.

Avenue Supermarts surges 5%, hits new high post Rs 4,000 crore QIP launch

The stock was trading higher for the fourth straight day, thus gaining 14 per cent during the period, against a 4 per cent rise in the S&P BSE Sensex.

Avenue Supermarts pips Wipro, HDFC Life to enter top 20 most valued co club

In the past one month, the stock of Avenue Supermarts has outperformed the market by surging 22 per cent on the BSE.

Avenue Supermarts hits fresh all-time high, gains 5% in two days

The stock surpassed the previous high of Rs 2,011 touched on October 31, 2019

Avenue Supermarts hits over two-month low; stock down 8% in a week

Promoter Radhakishan Damani has to sell more shares before the end of March to meet a minimum requirement for public float

Avenue Supermarts regains Rs 1-trillion market cap, stock nears record high

In the past three months, Avenue Supermarts has outperformed the market by surging 26 per cent, as compared to a 6 per cent decline in the S&P BSE Sensex.

Avenue Supermarts surges 6% after reporting strong numbers for June quarter

The company reported a 32 per cent YoY jump in its consolidated net profit at Rs 323 crore in Q1FY20.