Page 6 - Avenue Supermarts

InterGlobe Aviation, Avenue Supermarts, MRF hit new highs

Apollo Tyres, Nestle India, SRF and Steel Strips Wheels too hit their respective record highs in intra-day trade today

Avenue Supermarts, IndiGo gain on inclusion in MSCI index

D-Mart has surged 6% to Rs 1,517, while IndiGo rallied 5% to Rs 1,249 on the BSE in intra-day trade.

Street takes grim view of Avenue Supermarts' falling profitability

Anticipation of rise in operating costs and further pressure on margins may drag sentiment around the stock

Avenue Supermarts slips 9% after a disappointing Q3 result

Avenue Supermarts, which owns and operates D-Mart supermarket chain, fell 9 per cent to Rs 1,423 on the BSE after the reported a disappointing set of numbers for December quarter.

DMart owner Avenue Supermarts' Q3 net profit growth slowest in 8 quarters

While topline for the quarter grew well, profit growth remained flat due to gross margin reduction on account of price cuts, says CEO

Avenue Supermarts Q3 net almost flat at Rs 257 cr despite 33% revenue surge

Basic earnings per share (EPS) for the reported quarter was at Rs 4.12 as compared to Rs 4.03 in the year-ago period

Avenue Supermarts nears record high; zooms 45% in 8 weeks

The stock was up 2% to Rs 1,649, trading close to its record high level of Rs 1,682 touched on August 2, 2018, on BSE in the intra-day trade.

Avenue Supermarts hits an 8-month low; down 19% in 6-days post Q2 results

The stock dipped 4% to Rs 1,142 on the BSE in intra-day trade, its lowest level since February 9, 2018.

DMart's slowing momentum makes brokerages cautious

Besides high valuations, untested e-commerce venture and pace of expansion are other concerns

D-Mart operator Avenue Supermarts' m-cap crosses Rs 1-trillion mark

The stock hit a new high of Rs 1,620, rallying 19% from its recent low of Rs 1,359 on May 23.

Avenue Supermarts falls 4% post Q4 results

The stock dipped 4% to Rs 1,433 on the BSE in intra-day trade

Avenue Supermarts net up 73 per cent in Q4

The company's total revenue for the financial year 2017-18 stood at Rs 150.09 billion, compared to Rs 118.81 billion for 2016-17

Avenue Supermarts hits new high; market-cap crosses Rs 900-billion

Avenue Supermarts with the m-cap of Rs 921.77 billion stands in at number 33rd position in overall m-cap ranking at 11:59 am, the BSE data shows.

Avenue Supermarts net up 65%

The company's revenues went up 26% at Rs 3,508.26 cr in Q2 FY18 as compared to Rs 2,778.73 cr in Q2 FY17

Avenue Supermarts Q2 net jumps 65.2% at Rs 191.02 crore

Its total revenue for the first half of this fiscal stood at Rs 7,106 crore

Our philosophy is we shall not grow at any cost: Neville Noronha

Interview with Neville Noronha, CEO & MD, Avenue Supermarts

Avenue Supermarts dips post Q4 results on profit booking

Since listing on March 21, the stock rallied 26% against 1.3% rise in Sensex, till Friday, May 5

Avenue Supermarts: All engines firing

Strong show on revenues as well as earnings will help sustain high valuations

D-Mart IPO: You should book profits in Avenue Supermarts

Most analysts have arrived at a price target of Rs 600-660 over the next year and a half

Investment bankers got just 0.5% for D-Mart IPO

Avenue Supermarts, which operates the D-Mart retail chain, paid Rs 9.43 crore-just 0.5 per cent of the issue size- to the eight investment banks that managed the Initial Public Offer (IPO), information provided in the company's final offer document filed with the market regulator this week shows.Typically, investment banks charge between 1.5 per cent and three per cent to manage private sector IPOs. The average fees charged for the previous 10 big IPOs is around two per cent. The eight investment banks that handled the D-Mart IPO are Kotak Mahindra Capital Company, Axis Capital, Edelweiss Financial, HDFC Bank, ICICI Securities, Inga Capital, JM Financial Institutional Securities, Motilal Oswal Investment Advisors and SBI Capital Markets. Sources said bulk of the Rs 9.43 crore fees was paid to Kotak Mahindra Capital, which acted as the main lead banker, while the remaining eight were paid an equal fixed fee."Investment banks were told about the low fees beforehand. Despite that, they ..