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
The company recorded a 16.8 per cent increase in its total revenue to Rs 14,872 crore
Bank Nifty rollovers stood at 69.3 per cent, which was higher than the 3-month average and indicates positive sentiment at the counter, said Axis Securities report.
Stocks to Watch on Thursday: NHPC, Hyundai Motor India, IOB, Wipro, Dmart, Trent, Raymond are among the top stocks to watch today, March 20, 2025
DMart share price has been experiencing a significant downturn, having lost nearly 40 per cent from its recent peak of 5,485.
However, in past six months, DMart has underperformed the market by falling 25 per cent, as against 11 per cent decline in the BSE Sensex.
Several brokerages have revised their target prices for DMart, citing concerns about sustained margin pressure.
Before joining Avenue Supermarts in 2004, Noronha worked as a sales executive at Hindustan Unilever
Asawa will succeed Ignatius Navil Noronha, who will complete his current term of five years as the managing director of the company on January 31, 2026
Its revenue for the quarter saw a 14.41 per cent rise, amounting to Rs 14,444.5 crore from Rs 12,624.37 crore Y-o-Y
An accelerated ramp-up of online grocery formats (quick commerce) in large metro cities led to a deceleration of key growth metrics for DMart
Dabur is expanding its premium portfolio and Total Addressable Market (TAM). The company estimates its existing portfolio, contributes less than 5 per cent of TAM
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As per reports, Goldman Sachs believes DMart's competitive moat is facing increasing pressure
LIC, Zomato, Dmart among largest firms in the list of 45 stocks
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
The fall in DMart share price came after the company's September quarter results missed street expectations.