In Q3FY23, earnings before interest, taxes, depreciation, and amortization margins declined by 100 bps YoY to 8.6 per cent from 9.6 per cent in Q3FY22
CLOSING BELL: IT majors Tech M, HCL Tech, Infosys, Wipro and TCS were the top Sensex winners, which gained up to 3 per cent
CLOSING BELL: Adani Group shares rallied up to 12 per cent on the BSE in Monday's intra-day trade, in otherwise a weak market, amid the group's foray into telecom business
The company is scheduled to announce June quarter results on Saturday, July 9, 2022.
Store additions strong while same store sales declined in Q1
Though January 2022 started extremely well but the omicron wave reduced the momentum over middle of the month.
Stocks to Watch Today: Bharat Forge, Fino Payments Bank, MCX India, RateGain Travel, Raymond and VIP Industries are some of the notable companies scheduled to announce Q4 results on Monday.
Shares of Avenue Supermarts crossed the Rs 5,000 mark for the first time
With Rs 2.51 trillion market cap at 12:18 pm, Avenue Supermarts stood at 15th position in the overall m-cap ranking
Avenue Supermarts, the owner of D-Mart chain of retail stores, hit a record high of Rs 3,655.95, up 1.7% on the BSE in intra-day trade
Bihar-based electronics retailer Aditya Vision plans to expand its retail footprints to neighbouring markets of Jharkhand, West Bengal, Eastern UP and Assam in the next two years
The Damani family have been steadily increasing their holding in India Cements
With today's rally, the stock has surged 52 per cent in the past three months, as compared to 21 per cent gain in the S&P BSE Sensex
The company's board is slated to meet on January 9 to consider financial results for the quarter ended December 2020
Since October 17, 2020, post July-September quarter (Q2FY21) results, the stock of Avenue Supermarts has rallied 43 per cent, as against a 19-per cent rise in the S&P BSE Sensex
Sales of general merchandise, competitive pressures in the festive season key for Q3 margins
Owner of Avenue Supermarts reported a profit of Rs 323 crore in the same quarter last year
Analysts at Prabhudas Lilladhar believe D-Mart has higher weakness risk in 1HFY21 given that Covid-19 sensitive clusters of Maharashtra, Gujarat and Telangana constitute 63 per cent of total stores
With Rs 1.59 trillion m-cap, the DMart retail chain operator Avenue Supermarts now stands at the eleventh position in the overall m-cap ranking.
The company said nearly 50 per cent of its outlets were closed due to the lockdown and Covid-19 restrictions imposed by local authorities.