Page 2 - Avenue Supermarts

Avenue Supermarts hits over 8-month low; slips 12% in two days

In the past six months, the stock has underperformed the market by falling 26 per cent as compared to a 10 per cent decline in the S&P BSE Sensex.

Muted fourth-quarter show to may cap upsides for Avenue Supermarts

Growth in the quarter has largely come from store additions

Stocks to Watch: DMart, IOC, SML Isuzu, Maruti, HAL, Fertilisers, IT shares

IT stocks are likely to be in focus ahead of the earnings season and likely benefit from the India-Australia trade deal.

Anand Rathi says 'buy' Avenue Supermarts, Eicher Motors: Here's why

According to Mehul Kothari of Anand Rathi, traders can buy Avenue Supermarts near the 4,150-mark with a stop loss of 3,950 for upside target of 4,550 in 3-5 weeks.

DMart slips 8%, hits over 3-month low; down 12% in 3 days post Q3 results

The management indicated that it continues to monitor the current situation, wherein the trend in sales and footfall will depend on any local pandemic related restriction on trade activities.

Analysts bearish on Avenue Supermarts post weak Q3 result; see 32% downside

Moderation in growth trajectory going ahead, owing to Covid-related disruptions, along with extremely stretched valuations, cap near-term upside in the stock price

DMart Q3 results: Standalone net profit rises 24.6% to Rs 586 cr

Standalone revenue rose 22% to Rs 9,065 crore

D-Mart reports 21.96% increase in revenue at Rs 9,065.02 cr in Q3

The company had revenue from operations of Rs 7,432.69 crore in the October-December quarter a year ago, Avenue Supermarts informed BSE in a regulatory filing

Vinay Rajani recommends buying these stocks; hold Nifty with stop at 18,000

The technical analyst from HDFC Securities suggests that Ashok Leyland has one of the strongest set-up on the charts in the auto space

Avenue Supermarts hits valuation hurdle, stock at 124 times FY23 earnings

Margin disappointment weighs on stock, which has gained 47% in 3 months

Sensex gains 460pts; Nifty atop 18,450; D-Mart tanks 8%, Vedanta zooms 13%

Stock market LIVE: The markets marched higher for the seventh straight day on the back of upbeat sentiment and hopes of strong Q2 by India Inc. Metals, PSU banks and sugar stocks logged smart gains

D-Mart rallies 11%, hits new high on healthy operational performance in Q2

ICICI Securities said it continue to remain structurally positive on the stock, however it believes recent appreciation of the stock price factors in most positives.

Sensex snaps 4-day losing streak, ends 534 pts up; Nifty tad below 17,700

Stock market LIVE: Sectorally, all the indices were in the green, led by the Nifty Realty index (up 3.5 per cent)

D-Mart's revenue up 46.6% to Rs 7,649.64 crore in second quarter

Avenue Supermarts, which owns retail chain D-Mart, has reported a 46.6 per cent increase in its standalone revenue from operations at Rs 7,649.64 crore for the second quarter ended September 2021

HUL to Relaxo Footwears: Analysts upbeat on consumption-related stocks

Changes in the income-tax, likely good monsoon and the on-going above normal Rabi acreage along with higher MSPs are the key triggers analysts are betting on for the consumption revival

D-Mart owner Radhakishan Damani enters top 100 global billionaires' club

DMart, set up in 2002, saw strong double-digit growth in sales and profits between FY09 and FY20

Status quo likely in September review of Nifty but not for long

Newly listed start-up Zomato is seen entering the index before the end of 2022

Analysts see up to 40% downside in Damani's Avenue Supermarts; here's why

Expensive valuations, risk of a moderation in growth, and the presence of deep pocket players like Amazon and Reliance Retail restricts the near-term upside

DMart Q1 results: Net profit jumps 132% to Rs 115 cr; revenue rises 31%

Basic Earnings per share for Q1FY22 stood at Rs 1.78, as compared to Rs 0.77 for Q1FY21

Product mix, margin concerns in the near term for Avenue Supermarts

Q1 revenues, too, were lower than expectations