DMart: Wait for a better entry point, say analysts on Radhakishan Damani’s stock

NEW DELHI: Radhakishan Damani-led Avenue Supermarts showed mixed signs of recovery in the September quarter. While the growth in essentials was back to pre-Covid levels, demand recovery in the discretionary … Read More

Avenue Supermarts Ltd.: DMart Q2 takeaways: Footfall still low, discretionary demand improving slowly

NEW DELHI: Avenue Supermarts (DMart)’s September quarter numbers suggest that while the demand for the company’s FMCG segment has recovered smartly in successive months, it would still take some time … Read More

avenue supermarts: Q2 preview: Avenue Supermart may see its profits drop by a third

MUMBAI: Radhakishan Damani-owned Avenue Supermarts may see its profit drop by at least a third in the quarter ended September due to lower footfalls on the back of extended lockdowns … Read More

Stock Market News Briefing: ETMarkets Morning Podcast: RIL may be eyeing stake in TiKTok & other market-moving news

Hi there! Welcome to ETMarkets Morning, the show about money, business and markets. I am Saloni Goel, and here is what we have to start your day. >> RIL may … Read More

Avenue Supermarts Ltd.: DMart Q1 results: Profit tumbles 88% to Rs 40 crore; margins drop 450 bps to 1%

NEW DELHI: Avenue Supermarts (DMart) on Saturday reported an 87.61 per cent year-on-year (YoY) plunge in consolidated net profit at Rs 40 crore for the June quarter. The Radhakishan Damani-led … Read More

Morgan Stanley has ‘overweight’ rating on Avenue Supermarts; target price Rs 2,758

Mumbai: Morgan Stanley has initiated coverage on DMart supermarket chain’s parent company Avenue Supermarts with an ‘overweight’ rating and a target price of Rs 2,758 on expectation of strong growth … Read More