Page 7 - Avenue Supermarts

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

DMart Q4 PBT growth slows amid curbs; Ebitda margin contracts by 80 bps

Net profit margin at 4.6% in the March quarter was in line with the number reported a year ago (4%)

Avenue Supermarts now 11th most valued Indian firm by market capitalisation

At close of trade, the company's market capitalisation stood at Rs 1,58,902.37 crore on the BSE.

In a locked-down world, investment bankers ensuring the show goes on

Billion-dollar deals aplenty for right business

The rise of DMart's Radhakishan Damani, who got richer during lockdown

Educated in Mumbai, where his father worked on Dalal Street, Damani dropped out of college after studying commerce for a year.

50% of DMart outlets shut due to coronavirus lockdown: Avenue Supermarts

Footfalls at stores that were open were lower than usual, the company said, pointing to the impact that retail firms, both organised and unorganised, were feeling due to the lockdown

Radhakishan Damani beats coronavirus crisis as net worth soars 11%

Shares of Avenue Supermarts, which contribute nearly all of the wealth to Damani's net worth, have advanced 24 per cent this year.

Street signs: Liquidity boost for markets, shares of MNCs, and more

The SBI Cards' IPO closed on March 5, and since then the market has come off 11%

Market Ahead, March 2: Top factors that could guide markets this week

In the primary market, the initial public offer of SBI Cards and Payment Services will open today. The company expects to raise around Rs 10,341 crore from the IPO

Nifty outlook and stock ideas by CapitalVia Global Research: Buy CEAT

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Avenue Supermarts OFS retail portion subscribed more than 3.5 times

The shares of Avenue Supermart were subscribed more than 3.5 times, with investors bidding for 51.8 million shares against 14.8 million shares on offer.