Dmart

DMart shares slip 3% after Goldman Sachs cuts target to Rs 3,425 per share

As per reports, Goldman Sachs believes DMart's competitive moat is facing increasing pressure

45 new stocks in F&O segment expected to trigger churn in Nifty, Sensex

LIC, Zomato, Dmart among largest firms in the list of 45 stocks

Jigar S Patel of Anand Rathi recommends buying these three stocks today

Recently, CG Power entered a corrective phase, leading to a healthy 175-point pullback, which represents about a 20 per cent decline from its recent high

DMart shares plunge 9% as it misses Q2 street estimates; brokerages mixed

The fall in DMart share price came after the company's September quarter results missed street expectations.

DMart share falls 5% despite strong Q2 business update; adds 377 stores

DMart share price fell despite the company posting a strong set of quarterly updates for Q2FY25 (July 2024 - September 2024).

DMart rallies 4% in weak market on hopes of demand and margins improvement

DMart, trading at its highest level since October 2021, had hit a record high of Rs 5,899.90 on October 18, 2021

CLSA raises DMart target price, sees 14% upside, says report; stock gains

The uptick in share price came after reports indicated that Hong Kong-based international brokerage CLSA has increased DMart's target price.

DMart, HUL: Top picks by Osho Krishan of Angel One for July 22

DMart witnessed a substantial increase in price in the last couple of trading sessions from the 21 DEMA on the daily chart.

Higher discretionary sales, store growth key for gains in Avenue Supermarts

Consolidated net profit rose 17.5% Y-o-Y in Q1FY25 helped by general merchandise and apparel sales

DMart stock price rises 4% on robust Q1FY25 results; up 28% in six months

The stock was off highs and was trading merely 0.59 per cent higher at Rs 4,982.55 per share, at 9:57 AM. In comparison, BSE Sensex was trading 0.15 per cent higher at 80,643.32 levels

DMart Q4 results: Net profit rises 22% to Rs 563 crore, revenue up 20%

DMart Q4 results: The revenue from operations of DMart rose to Rs 12,726.5 crore in Q4FY24 from Rs 10,594 crore in the same quarter of previous financial year

Stocks to Watch, April 4: Voda Idea, OMCs, Suryoday SFB, DMart, KEC, PFC

Stocks to Watch on Thursday, April 4: State-owned Union Bank of India has raised $500 million (about Rs 4,200 crore) from foreign markets to fund overseas business growth

Street Signs: DMart's stock surge, Tepid GMP and a IPO lull, more

If grey market activity is any indication, the subsidiary of Bharti Airtel could list at Rs 610, slightly above the initial public offering (IPO) price range of Rs 542-570

Slowdown in growth trends, valuations near term hurdles for Dmart

Globally it is among the lowest cost retailers. DMart deliberately went slow on private-labels in order to avoid being seen to compete with suppliers and key brands

DMart hits new 52-wk high, up 7% in 3 days after CLSA initiates buy rating

The brokerage believes investor concerns around competition from quick commerce and vertical-based players are valid but still factored in the stock price

Growth in the discretionary segment key for Avenue Supermarts stock

Stable GMA share helped the company report steady gross margins of 14.9 per cent

DMart Q3 results: Net profit rises 17% to Rs 690.6 cr, revenue up 17.31%

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday, reported a 17 per cent rise in its consolidated net profit to Rs 690.41 crore for the third quarter ended December 31. The company had posted a net profit of Rs 589.64 crore in the October-December quarter a year ago, according to a regulatory filing by Avenue Supermarts. Its revenue from operations grew 17.31 per cent to Rs 13,572.47 crore during the quarter under review against Rs 11,569.05 crore in the corresponding quarter of the last fiscal. Avenue Supermarts' total expenses rose 17.31 per cent to Rs 12,656.46 crore in the third quarter of this fiscal. Its total income in the December quarter increased 17.28 per cent to Rs 13,605.39 crore. The total number of stores stood at 341 as of December 31, 2023. Meanwhile, in a separate filing, Avenue Supermarts said its board has appointed Harishchandra M Bharuka as an Independent Director of the company. Promoted by Radhakishan Damani and his family,

Migsun Group sells retail space in national capital to Dmart for Rs 108 cr

Realty firm Migsun Group on Friday said it has sold 47,000 square feet retail space in its commercial project in the national capital to Dmart for Rs 108 crore. Dmart has bought the space at the project in sector 22, Rohini in Delhi, according to a statement. A leading hypermarket retail chain, Dmart has acquired the project's lower ground and first floors to set up a hypermarket store. The retail space has been acquired for Rs 108 crore, the statement said. Last year, Migsun Group had acquired 9-acre land parcels for Rs 265 crore to develop a high-street retail project. "We will develop a high-street retail project on this land, comprising 1 million square feet area," Migsun Group MD Yash Miglani had said. Commenting on the deal, Miglani on Friday said the project provides an exceptional investment opportunity for businesses seeking to establish themselves at a prime location. "It is close to Rohini West metro station and has a huge catchment area of families with high spending

DMart's standalone revenue rises 17.2% to Rs 13,247 cr in Oct-Dec quarter

Avenue Supermarts Ltd, which owns and operates retail chain DMart, on Tuesday reported a 17.18 per cent increase in its standalone revenue from operations to Rs 13,247.33 crore in the third quarter ended on December 31, 2023. The company had revenue from operations of Rs 11,304.58 crore in the October-December quarter a year ago, according to a quarterly update by Avenue Supermarts. "Standalone Revenue from operations for the quarter ended (QE) December 31, 2023 stood at Rs 13,247.33 crores," said Avenue Supermarts in a regulatory filing. The total number of stores as of September 30, 2023 stood at 341. Promoted by Radhakishan Damani and his family, DMart retails basic home and personal products across markets which include Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab and Rajasthan.

Improving signals for Avenue Supermarts with strong Ebitda, PBT growth

Consensus target price of analysts indicates limited upside; rebound in general merchandise and apparels crucial for margin gains