India's Avenue Supermarts
Avenue Supermarts to expand stores, focus on north and smaller cities
DMart operator plans faster store rollout with focus on north India and Tier-II cities, eyes 20% expansion and long-term potential of up to 1,900 outlets
 "Avenue Supermarts to expand stores, focus on north and smaller cities")
Avenue Supermarts Q2 result: Net profit up 5.7% at Rs 659 cr, Ebitda up 29%
Avenue Supermarts Limited Q2 results: Revenue for the quarter saw a 14.41 per cent rise, amounting to Rs 14,444.5 crore, up from Rs 12,624.37 crore year-on-year
 "Avenue Supermarts Q2 result: Net profit up 5.7% at Rs 659 cr, Ebitda up 29%")
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 stock price rises 4% on robust Q1FY25 results; up 28% in six months")
Weak sales growth weighs on Avenue Supermarts, operational parameters weak
Stock correction was also on account of margin concerns
 "Weak sales growth weighs on Avenue Supermarts, operational parameters weak")
General merchandise and apparel growth key for DMart's margin gains
The retailer's revenues in Q2 were lower than estimates
 "General merchandise and apparel growth key for DMart's margin gains")
Avenue Supermarts: Rich valuations mean little room to miss expectations
Stock up over 20 per cent in three months, but company's aggressive store expansion and low-pricing strategy also suggests medium-term growth levers intact
 "Avenue Supermarts: Rich valuations mean little room to miss expectations")
Avenue Supermarts IPO fully subscribed on first day
Supermarket operator operates 118 stores across 45 cities under the D-Mart brand
 "Avenue Supermarts IPO fully subscribed on first day")
