Page 7 - Avenue Supermarts

Avenue Supermarts gains 5% to hit all-time high; stock surges 16% in 6 days

The stock surpassed its previous high of Rs 2,559, touched on February 13, 2020.

Radhakishan Damani, others sell 0.79% stake in Tata's Trent for Rs 202 cr

Radhakishan Damani, promoter of Avenue Supermarts, and persons acting in concert have trimmed stake in Tata group's retail arm, Trent, by selling shares for an estimated sum of over Rs 202 crore

Avenue Supermarts in focus; stock surges 6%, nears record high

While announcing the September quarter (Q2FY21) results on October 17, the company's management said that month-on-month sales have improved during this quarter.

Nifty outlook & stock picks by CapitalVia: Buy Avenue Supermarts, L&T Info

Avenue Supermarts (DMart) is witnessing a breakout from its bullish flag pattern. Further buying momentum would be witnessed if it moves above 2,300

Avenue Supermarts trades higher for fifth straight day, up 14% in 2 weeks

Analysts believe the gradual unlocking of the nation would lead to positive sales from Q3FY21, supported by improving sales from the general merchandise and apparel category

After muted Q2 show, DMart's sales may gain traction in third quarter

Margin trajectory, however, depends on festival season discounts, share of general merchandise

Avenue Supermarts falls 2% as profit dips 38% YoY in September quarter

Ebitda margin contracted 240 basis points to 6.2 per cent in Q2FY21 from 8.6 per cent in the year-ago quarter

DMart shuts two Mumbai stores to take on Reliance in e-commerce space

Converts outlets into online fulfillment centres; experts say firm had been quietly stitching up a strategy to boost e-commerce operations, push its value proposition aggressively among consumers

Reliance Retail vs DMart: Why UBS thinks RIL may emerge as the winner

ADIA joins the league of Silver Lake, KKR, General Atlantic, Mubadala Investment Company, GIC, and TPG who have cumulatively invested Rs 37,710 crore in Reliance Retail for 8.48 per cent stake

How is DMart planning to take on Mukesh Ambani's Reliance Retail

Ramping up e-commerce operations and going beyond its current strongholds are key challenges for the grocery chain in its battle with Mukesh Ambani's upcoming retail behemoth

Analysts positive on retail sector post Reliance Retail-Silver Lake deal

With RIL's retail arm, Reliance Retail, sealing its first stake sale deal with Silver Lake, analysts see the sector consolidating yet growing going forward

Competition worries post Future deal weigh on Avenue Supermarts stock

With the combined entity more than twice its size in grocery, pricing pressures could hit profitability

MARKET WRAP: Indices end flat, Nifty settles at 11,214; Asian Paints up 4%

All that happened in the markets today

Increasing competition may restrict Avenue Supermarts' stock performance

Cost efficiency provides DMart an edge, but competitive intensity is rising and stock valuations are expensive

Disruption in retail? Avenue Supermarts has a strong competitor in JioMart

Cost efficiency provides DMart an edge, but competitive intensity is growing

Margin pressure, limited operations under lockdown to continue for D-Mart

Lower sales of discretionary products to weigh on profitability

Avenue Supermarts dips 6% post Q1 nos; Analysts cut target price up to 34%

The quarter, which was nearly washed-out due to the nationwide lockdown imposed to stem the spread of coronavirus, saw the company's profit after tax margin sliding to 1%, compared to 5.5% in Q1FY20

Radhakishan Damani looks to acquire controlling stake in India Cements

Damani, the owner of Avenue Supermarts, has informally reached out to the cement manufacturer's controlling shareholder

Corona warriors for markets: Ambani, Adani stocks rise most since lockdown

The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.

Dmart stock to hit margin roadblock: Low footfall, high cost to dent profit

Despite the lockdown its March quarter performance was better than expected