Page 6 - Avenue Supermarts

D-Mart rallies 11%, hits new high on healthy operational performance in Q2

ICICI Securities said it continue to remain structurally positive on the stock, however it believes recent appreciation of the stock price factors in most positives.

Sensex snaps 4-day losing streak, ends 534 pts up; Nifty tad below 17,700

Stock market LIVE: Sectorally, all the indices were in the green, led by the Nifty Realty index (up 3.5 per cent)

D-Mart's revenue up 46.6% to Rs 7,649.64 crore in second quarter

Avenue Supermarts, which owns retail chain D-Mart, has reported a 46.6 per cent increase in its standalone revenue from operations at Rs 7,649.64 crore for the second quarter ended September 2021

HUL to Relaxo Footwears: Analysts upbeat on consumption-related stocks

Changes in the income-tax, likely good monsoon and the on-going above normal Rabi acreage along with higher MSPs are the key triggers analysts are betting on for the consumption revival

D-Mart owner Radhakishan Damani enters top 100 global billionaires' club

DMart, set up in 2002, saw strong double-digit growth in sales and profits between FY09 and FY20

Status quo likely in September review of Nifty but not for long

Newly listed start-up Zomato is seen entering the index before the end of 2022

Analysts see up to 40% downside in Damani's Avenue Supermarts; here's why

Expensive valuations, risk of a moderation in growth, and the presence of deep pocket players like Amazon and Reliance Retail restricts the near-term upside

DMart Q1 results: Net profit jumps 132% to Rs 115 cr; revenue rises 31%

Basic Earnings per share for Q1FY22 stood at Rs 1.78, as compared to Rs 0.77 for Q1FY21

Product mix, margin concerns in the near term for Avenue Supermarts

Q1 revenues, too, were lower than expectations

Stocks to watch: India Pesticides, HDFC, Avenue Supermarts, HCL Tech, ONGC

Commercial vehicle major Ashok Leyland on Friday said it has appointed former Aston Martin chief Andy Palmer as Executive Vice Chairman and CEO of its electric vehicle arm Switch Mobility

Avenue Supermarts, Info Edge in contention for inclusion in Nifty 50

Indian Oil or Coal India or both could get booted out of the blue chip company index, which is tracked by funds with assets under management of nearly $20 billion

Trading ideas by HDFC Securities: Buy Oberoi Realty, Avenue Supermarts

On June 3, Oberoi Realty's stock surpassed the crucial double top resistance of 630 on a closing basis

Stocks to watch: Avenue Supermarts, Bandhan Bank, Hero Moto, UltraTech

The National Company Law Tribunal has initiated insolvency proceedings against construction firm Ahluwalia Contracts India for defaulting on payments to an operational creditor

Sharp profit revision, fewer store openings may dent prospects of DMart

Given the near-term sales headwinds, the stock could be under pressure; investors can consider the stock on dips

DMart Q4 net profit jumps 53%; over 80% stores disrupted by 2nd Covid wave

Total income rises 19% to Rs 7,460 cr

Apparel retailers on weak footing as Covid-related curbs dent sales

Higher raw material costs will put pressure on profitability

Dmart stock gains as Maharashtra lockdowns build pressure on firm: Analysts

As much as 72 per cent of the company's stores reached their full strength almost in December, signaling a recovery

IRCTC, Bajaj Fin: 3 stocks that Nilesh Jain of Anand Rathi is bullish on

Technical indicators RSI and MACD hint of fresh upside momentum in the IRCTC stock

Tata Consumer could become next FMCG scrip added to Nifty: ICICI Securities

Says the firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March

Stocks to watch: TCS, Wipro, Avenue Supermarts, Tata Steel, Vedanta, Cipla

Bharti Airtel announced the appointment of Pradipt Kapoor as its Chief Information Officer