Page 6 - Avenue Supermarts

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

After strong performance in Q3, near-term margin worries for Dmart

Supply issues, higher raw material costs are headwinds

Overall sales now trending very close to usual times, says D-Mart

Avenue Supermarts Ltd, which owns and operates the supermarket chain D-Mart, on Saturday said its overall sales and sales mix are now trending very close to usual times

D-Mart's third qtr profit jumps 16.4% to Rs 447 crore; revenue up about 11%

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported an increase of 16.39 per cent in its consolidated net profit at Rs 446.95 crore for the third quarter ended December 2020. The company had posted a net profit of Rs 384.01 crore in the October-December quarter a year ago, Avenue Supermarts said in a BSE filing. Its revenue from operations was up 10.77 per cent at Rs 7,542 crore during the quarter under review as against Rs 6,808.93 crore in the corresponding quarter last fiscal. Avenue Supermarts' total expenses were at Rs 6,977.88 crore as against Rs 6,325.03 crore, up 10.32 per cent. While on the standalone basis, Avenue Supermarts' net profit was up 19.27 per cent at Rs 470.25 crore as against Rs 394.26 crore of the Q3/FY 2019-20. Its standalone revenue during the quarter was at Rs 7,432.69 crore. Commenting on the results, Avenue Supermarts CEO & Managing Director Neville Noronha said there is further improvement in company's business and

Avenue Supermarts extends gains into fourth straight day, hits record high

Since October 17, 2020, post July-September quarter (Q2FY21) results, the stock of Avenue Supermarts has rallied 43 per cent, as against a 19-per cent rise in the S&P BSE Sensex

Avenue Supermarts hits fresh all-time high on footfall recovery hopes

Shares of the retail giant gain 17 per cent over the last week