DMart share price jumps 14% in early trade: Should you buy?
5 days, 15 hours ago

DMart share price jumps 14% in early trade: Should you buy?

India Today  

Shares of Avenue Supermarts Ltd., the operator of retail chain DMart, surged over 14% in early trade on Friday after the company shared a positive business update for the October-December period of FY2024-25. At the time of writing, DMart’s market capitalisation stood at Rs 2,66,800.56 crore and the shares were trading at Rs 4,134, up 14.27%. DMart reported standalone revenue from operations of Rs 15,565.23 crore for the December quarter, reflecting a 17.5% year-on-year growth compared to Rs 13,247 crore in the same period last year. In Q2FY25, Avenue Supermarts reported a net profit of Rs 659.6 crore, a 5.8% increase compared to Rs 623.6 crore in the same quarter last year.

Growth Share Crore Brokerage Dmart  stock  early  dmart  buy  14  revenue  dmarts  trade  crore  avenue  growth  rs  supermarts  quarter  jumps  share  brokerage  price

History of this topic

D-Mart Q1: Parent Firm Avenue Supermarts Sees 17.5 Per Cent Rise In Net Profit, Revenue Climbs Over 18 Per Cent
5 months, 3 weeks ago

D-Mart Q1: Parent Firm Avenue Supermarts Sees 17.5 Per Cent Rise In Net Profit, Revenue Climbs Over 18 Per Cent

ABP News  

Avenue Supermarts Ltd, the operating company of retail chain D-Mart, on Saturday reported a surge in its net profit in the April-June quarter in the current 2024-25 fiscal year. The company clocked a gain of 17.45 per cent in the consolidated net profit at Rs 773.68 crore during the first quarter of the ongoing fiscal year, against a net profit …

c's Avenue Supermarts Up 4% After CLSA Initiates Buy; Check Target Price
9 months, 2 weeks ago

c's Avenue Supermarts Up 4% After CLSA Initiates Buy; Check Target Price

News 18  

Avenue Supermarts shares rose 4.4 per cent on Thursday to hit a 52-week high of Rs 4,238 on the NSE after CLSA initiated coverage on the DMart operator with a buy rating for a price target of Rs 5,107. Avenue Supermarts saw its shares rise for the third consecutive session on March 20, with weekly performance consistently ending positively over …

Radhakishan Damani’s DMart shares hit 6-month low. Time for bottom-finishing?
1 year, 11 months ago

Radhakishan Damani’s DMart shares hit 6-month low. Time for bottom-finishing?

Live Mint  

Radhakishan Damani portfolio stock DMart or Avenue Supermarts share price today hit 6 month low of ₹3645 apiece on NSE. DMart share price today opened lower in early morning deals and went on to hit intraday low within few minutes of stock market's opening bell on Monday. He advised shareholders of DMart shares to keep adding as the stock may …

DMart Q3: Profit up by 6.6% to ₹589.68 cr, revenue rises by 25%
1 year, 11 months ago

DMart Q3: Profit up by 6.6% to ₹589.68 cr, revenue rises by 25%

Live Mint  

Avenue Supermarts on Saturday reported consolidated profit after tax rose by 6.7 per cent to ₹589.68 crore for the quarter ended December 2022. Radhakishan Damani-owned Avenue Supermarts, which runs DMart chain, reported revenue from operations were up by 25 per cent to ₹11,569.05 as against ₹9,217.76 in the corresponding quarter in last fiscal. Discretionary non-FMCG sales did not do as …

Avenue Supermarts Q3 revenue from operations rises by 24.7% to ₹11,304 cr
2 years ago

Avenue Supermarts Q3 revenue from operations rises by 24.7% to ₹11,304 cr

Live Mint  

Radhakishan Damani-owned Avenue Supermarts, which runs DMart chain, reported revenue from operations rose by 24.7 per cent to ₹11,304.58 for October-December quarter. The revenue in quarter ended September 2022 stood at ₹10,385 crore, which is an increase of 36 percent compared to ₹7,650 crore in September 2021 quarter. DMart chain of retail stores operator Avenue Supermarts reported a 62.7 percent …

Why DMart disappoints investors
2 years, 2 months ago

Why DMart disappoints investors

Live Mint  

Avenue Supermarts Ltd’s September quarter results announced on Saturday have failed to enthuse investors, leading to shares dropping 3.6%. View Full Image Yet to gther steam High gas prices: How India's gas economy works Invesco to sell 5.5% Zee stake for $169.5mn Shree Cement's good show fails to impress street The average basket values improved despite lower footfalls, which bodes …

Radhakishan Damani-backed DMart rises over 29% in Q2FY23, Should you buy?
2 years, 3 months ago

Radhakishan Damani-backed DMart rises over 29% in Q2FY23, Should you buy?

Live Mint  

Radhakishan Damani-backed Avenue Supermart listed as DMart is expected to cross over the ₹5,100 mark probably by FY24-end. Analysts at Prabhudas Lilladher have given a 'buy' rating on DMart stock on expectations of the retailer seeing huge runaway growth with h potential to open 1500 stores. Amnish Aggarwal and Anushka Chhajed analysts at Prabhudas Lilladher in their latest report dated …

Dow edges up on retail earnings boost
2 years, 4 months ago

Dow edges up on retail earnings boost

Live Mint  

The Dow inched higher on Tuesday as results from Walmart and Home Depot lifted the retail sector, while a slide in megacap growth stocks and signs of a slowing global economy weighed on the Nasdaq and the S&P 500. Boosting the blue-chip Dow, Walmart Inc rose 5.3% as the world's largest retailer forecast a smaller drop in full-year profit than …

D-Mart Q1 Profit Jumps Multifold to Rs 642.89 Crore, Sales Almost Double
2 years, 5 months ago

D-Mart Q1 Profit Jumps Multifold to Rs 642.89 Crore, Sales Almost Double

News 18  

New Delhi: Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported over six-fold jump in its consolidated net profit to Rs 642.89 crore for the quarter ended on June 30, 2022, helped by a “very good recovery” in overall sales and a comparative low YoY base. The company had posted a net profit of Rs 95.36 …

Massive first day IPO gains evoke ’bubble’ risk
4 years ago

Massive first day IPO gains evoke ’bubble’ risk

Live Mint  

Massive gains posted by companies at their trading debut in regional stock markets in Asia this year are raising the spectre of a bubble, bankers and brokers said. The huge price pops have taken place across regional stock markets, including in Hong Kong, China, and India, prompting concerns that a "bubble" could be emerging. In Hong Kong, the valuation of …

DMart stock is resilient, but the business is taking a beating in FY21
4 years, 7 months ago

DMart stock is resilient, but the business is taking a beating in FY21

Live Mint  

Avenue Supermarts Ltd’s lofty valuations suggest investors expect the moon from the retailer. Avenue’s shares now trade at a whopping 116 times financial year 2020 earnings. While the company’s March quarter results announced on Saturday are nothing to complain about in covid-19 times, management commentary on the near future is cautious and that could well cap the gains in the …

DMart retail chain owner Avenue Supermarts becomes 11th most valued Indian firm by market cap
4 years, 7 months ago

DMart retail chain owner Avenue Supermarts becomes 11th most valued Indian firm by market cap

Firstpost  

Avenue Supermarts, which owns and operates retail chain DMart, on Wednesday became the 11th most valued Indian firm by market valuation following a rally in its share price New Delhi: Avenue Supermarts, which owns and operates retail chain DMart, on Wednesday became the 11th most valued Indian firm by market valuation following a rally in its share price. At the …

DMart looks to raise up to ₹4,098 crore through QIP to fund business expansion
4 years, 11 months ago

DMart looks to raise up to ₹4,098 crore through QIP to fund business expansion

Live Mint  

Avenue Supermarts Ltd, which runs the popular supermarket chain DMart, on Wednesday launched a qualified institutional placement offering to raise up to ₹4,098 crore. “Our company proposes to utilize the net proceeds to augment long-term resources for financing our expansion plans, which include funding expenditure towards implementation of our strategy on expanding our store network and increasing the efficiency of …

Discover Related