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The Economic Times

Coforge, DMart among 7 large and midcap stocks that hit 52-week highs on Tuesday

Seven large and midcap stocks within the Nifty200 index hit fresh 52-week highs during Tuesday's trading session.

The Economic Times

DMart, Pidilite Industries among 5 largecap stocks that hit fresh 52-week highs on Monday

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Business Standard

DMart rallies 4% in weak market on hopes of demand and margins improvement

DMart, trading at its highest level since October 2021, had hit a record high of Rs 5,899.90 on October 18, 2021

Business Standard

CLSA raises DMart target price, sees 14% upside, says report; stock gains

The uptick in share price came after reports indicated that Hong Kong-based international brokerage CLSA has increased DMart's target price.

Mint

Some retail stocks are defying gravity. It’s best to avoid them.

The valuations of Trent, Jubilant Foodworks, and Avenue Supermarts in particular factor in an unrealistic pace of growth.

Business Line

Analysts persist with Avenue Supermarts in their shopping carts

The retailer’s better-than-expected performance in Q1 of FY25 elicits positive recommendations

Business Line

Avenue Supermarts Q1FY25 PAT up 17.5%, revenue up 19%

The company reported a consolidated net profit of ₹771.5 crore on revenue of ₹14069 crore

Business Standard

D-Mart Q1 results: Net profit rises 17.5% to Rs 774 cr, sales up 18.5%

Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported an increase of 17.45 per cent in consolidated net profit at Rs 773.68 crore for the June quarter, helped by improvement in sales from general merchandise and apparels. The company had posted a net profit of Rs 658.71 crore in the April-June period a year ago, according to a regulatory filing from Avenue Supermarts. Its revenue from operations was up 18.57 per cent to Rs 14,069.14 crore during the quarter under review as against Rs 11,865.44 crore in the corresponding quarter last fiscal. Avenue Supermarts' total expenses in the June quarter were up 18.62 per cent to Rs 13,056.61 crore. Avenue Supermarts' total income was Rs 14,110.74 crore, up 18.54 per cent in the June quarter. Commenting on the results, Avenue Supermarts CEO & Managing Director Neville Noronha said, "Contribution from general merchandise and apparel continued to improve during the quarter and this is reflected in the ...

Business Standard

Avenue Supermarts Q1 results: Revenue rises 18.4% to Rs 13,712 crore

Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, has reported an 18.36 per cent increase in standalone revenue from operations to Rs 13,711.87 crore for the June quarter. The company had a revenue from operations of Rs 11,584.44 crore in the year-ago period, Avenue Supermarts informed the BSE in a regulatory filing on Tuesday. "Standalone revenue from operations for the quarter ended (QE) June 30, stood at Rs 13,711.87 crore," Avenue Supermarts said. The total number of stores as of June 30 stood at 371. This also includes one store in Rajkot, Gujarat, which is temporarily closed for customers, it added. The Damani family-promoted company also added the "standalone revenue from operations for QE June 30, 2024 given above is subject to limited review by the statutory auditors of the company." In the April-June quarter of FY23, Avenue Supermarts' standalone revenue was at Rs 9,806.89 crore. Promoted by Radhakishan Damani and his family, DMart retails basic ho