Page 5 - Avenue Supermarts

50% of DMart outlets shut due to coronavirus lockdown: Avenue Supermarts

Footfalls at stores that were open were lower than usual, the company said, pointing to the impact that retail firms, both organised and unorganised, were feeling due to the lockdown

Radhakishan Damani beats coronavirus crisis as net worth soars 11%

Shares of Avenue Supermarts, which contribute nearly all of the wealth to Damani's net worth, have advanced 24 per cent this year.

Street signs: Liquidity boost for markets, shares of MNCs, and more

The SBI Cards' IPO closed on March 5, and since then the market has come off 11%

Market Ahead, March 2: Top factors that could guide markets this week

In the primary market, the initial public offer of SBI Cards and Payment Services will open today. The company expects to raise around Rs 10,341 crore from the IPO

Nifty outlook and stock ideas by CapitalVia Global Research: Buy CEAT

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Avenue Supermarts OFS retail portion subscribed more than 3.5 times

The shares of Avenue Supermart were subscribed more than 3.5 times, with investors bidding for 51.8 million shares against 14.8 million shares on offer.

Avenue Supermarts slips 5% post OFS launch; promoters to offload 2.3% stake

Following this share sale, the company will become compliant with the 25 per cent public shareholding norms.

Avenue Supermarts, Bajaj Finance: QIP-related stocks outperform markets

YES Bank (down 58 per cent), RBL Bank (down 5 per cent) and Prestige Estates Projects (down 0.04 per cent) are the only three counters to trade below their respective QIP prices

DMart market capitalisation crosses Rs 1.5-trillion mark; stock rises 8.6%

The Radhakishan Damani-promoted company is now more valuable than Nestle India and Bajaj Finserv, according to the BSE data

Market Wrap, Feb 10: Sensex slips 162 pts amid coronavirus scare

Avenue Supermarts pipped Bajaj Finserv in terms of market capitalisation (m-cap). The stock zoomed 11 per cent during the session to hit a fresh 52-week high of Rs 2,537 on the BSE

DMart launches its QIP programme to raise at least Rs 4,000 crore

The company is currently valued at Rs 1.41 trillion and is among top 20 most valued firms in the country

Market Wrap, Feb 5: Sensex up 353 pts, reclaims 41,100; Nifty at 12,089

The domestic services industry began 2020 in a buoyant mood as activity accelerated in January at the fastest pace in seven years on strong domestic demand

Street signs: Traders eye Budget, Damani effect on stocks, and more

Derivatives traders are deploying strategies to profit from huge swings in stock prices typically seen on the day of the Union Budget

Despite good Q3 numbers, experts sceptical about DMart's growth and margins

The company reported strong revenue, Ebitda growth in Q3, but analysts sceptical of this trend sustaining

Avenue Supermarts gains 3% as Q3 results beat Street estimates

The stock was trading close to its all-time high of Rs 2,010, hit on November 8, 2019

Reliance Retail shares valued at 20% discount to analyst estimates

The valuations of Reliance Retail have been arrived at using both discounted cash flow method as well as market capitalisation of comparable companies in the listed space

Avenue Supermarts, EIH: 10 stocks to buy in Muhurat trading for Samvat 2076

Although a confirm breakout is yet to take shape, still the Delta Corp counter is exhibiting upside on the charts as volumes spike

Nifty outlook & stock picks by CapitalVia: Buy Axis Bank, Avenue Supermarts

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

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

Outliers in Q1: Asian Paints, Dabur, DMart, Nerolac, shine in a gloomy mkt

Analysts tracking the consumer and retail sectors say the five firms have deployed specific market strategies to push their top-line growth at the same time keeping a tight control on costs