Billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), has invested around Rs 90 crore in eyewear retailer Lenskart Solutions in a pre-IPO (initial public offering) funding round, people familiar with the development said on Friday. The investment comes ahead of Lenskart's maiden public offering, which is expected to open for public subscription next week. The eyewear retailer is looking to raise Rs 2,150 crore through fresh issuance of equity shares, besides, promoters and investors would offload 13.22 crore equity shares, according to the Draft Red Herring Prospectus (DRHP). As a part of the OFS, promoters -- Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi; investors -- SVF II Lightbulb (Cayman) Ltd, Schroders Capital Private Equity Asia Mauritius Ltd, PI Opportunities Fund II, Macritchie Investments Pte. Ltd., Kedaara Capital Fund II LLP, and Alpha Wave Ventures LP -- would offload shares. Lenskart proposes to utilise the proceeds from the
For the quarter ended September 30, 2025, DMart's standalone revenue rose 15.4 per cent year-on-year (Y-o-Y) to ₹16,219 crore.
Stocks to watch on October 13, 2025: Stocks like HCL Technologies, Just Dial, Anand Rathi Wealth, and Den Networks will remain in focus as they will release their quarterly earnings today.
The earnings before interest, tax, depreciation and amortisation (Ebitda) in the quarter stood at Rs 1,214 crore, as compared to Rs 1,094 crore in the corresponding quarter of the last year
DMart's 15.4% revenue growth in Q2FY26 masks margin pressure and rising costs, but analysts see long-term upside from its North India push and network expansion
The operator of the DMart retail chain reported standalone revenue from operations of ₹16,218.79 crore for the quarter ended September 30, 2025
Vishal Mega Mart's growth is less capital-intensive, with a sizable portion coming from SSG, Emkay analysts noted.
Grasim has taken support at its rising trendline and rebounded with a strong bullish candle backed by volumes, reflecting buyers' interest at key support levels
Sensex Today | Stock Market close, Monday, July 14, 2025: In the broader markets, Nifty Midcap 100 and Smallcap index were up 0.71 per cent and 1.04 per cent, respectively
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.
Nuvama maintained a 'Hold' rating on DMart, and revised its target price to ₹4,086 from ₹4,273, citing sustained margin pressure.
Sequentially, net profit rose 40.2 per cent from ₹550.90 crore recorded in the previous quarter
Avenue Supermarts posted flat net profit of Rs 773 crore in Q1FY26, while revenue grew by 16.3% to Rs 16,359.7 crore, driven by a 7.1% growth in older DMart stores
Q1 FY26 company results, July 11: 14 companies will be releasing their performance reports for the April-June quarter today
DMart's Q1FY26 pre-quarter update reveals slower-than-expected revenue growth and margin compression. Competitive pressures, particularly from quick commerce players, could weigh on future growth.
Avenue Supermarts shares fell nearly 4 per cent on Thursday after its first-quarter revenue growth fell short of expectations
Bharti Airtel, DMart, Adani Enterprises, Eternal among 10 large-cap stocks that look technically strong on charts and can deliver double-digit returns in the next six months.
DMart stock witnessed a breakout on the daily chart in recent days, overall bias to remain positive as long as the stock trades above ₹3,930 levels, suggests technical chart.
Avenue Supermarts (DMart) share price gained 3.5 per cent in morning deals and the stock touched an intraday high at ₹4,203.55 per share; learn more here
DMart's stock slips after weak Q4 margin performance and cautious outlook as analysts flag rising cost pressures and competitive intensity in the FMCG segment