#avenue supermarts share price

[hmatrading]

What is the best way to earn money in the stock market?

Become informed: Understand the basics of investing, how the stock market operates, and keep up with current market developments. Learn about financial statements, valuation criteria, and investing approaches.

Research and analyze: Do extensive research on the businesses you are interested in before making an investment. Check out their management team, competitive advantages, market trends, and financial health. Analyse past performance and assess potential for future growth.

Diversify your portfolio: Don’t put all your financial eggs in one basket by diversifying your assets. Make investments in a variety of sectors, businesses, and asset types. Spreading out the risk this way aids in risk reduction and may ultimately increase profits.

Invest for the long term: Long-term investing is advised since it can be dangerous to try to time the market or engage in short-term trading. Focus on long-term investments instead, which will enable you to weather market turbulence and gain from compounding gains over time.

Dollar-cost averaging: Instead of attempting to timing the market, think about investing a certain sum of money at regular periods (for example, monthly). This tactic lessens the effects of short-term market volatility and may eventually result in a reduced average cost per share.

Set realistic expectations: Be reasonable in your expectations; gains are never assured and the stock market can be erratic. Stay away from going after rapid earnings or falling for get-rich-quick schemes and be reasonable in your expectations.

Take expert advice into account: If you don’t have the time or knowledge to handle your finances, you might choose to talk to a financial adviser or use robo-advisory services. Based on your financial objectives and level of risk tolerance, they can offer tailored advice.

Keep in mind that there are dangers involved with investing in the stock market. It’s crucial to conduct your own research and make selections that are appropriate for your financial condition and risk tolerance.

Read more — https://hmatrading.in/free-stock-advisory/

[news365timesindia]

[ad_1] Infosys is up against high expectations as investors increasingly fret over a potential market correction. | Representational4 min read Last Updated : Oct 11 2024 | 7:38 AM IST By Harshita Swaminathan, Rachel Yeo, Reina Sasaki and Justina T Lee   Infosys Ltd., Wipro Ltd. and HCL Technologies Ltd. are up against high expectations as investors increasingly fret over a potential market correction.    Click here to connect with us on WhatsApp The 2025 financial year has been seen as one of recovery for Indian IT companies after a slowdown in spending from US-based clients brought revenue growth down to the low single-digits in the previous year. While April-June quarter earnings did show an improvement, elevated full-year expectations might prove hard to beat.  “While demand is improving, it is not beating existing estimates,” analysts at HSBC Global Research wrote. The recovery seen so far in banking, media and telecommunications won’t be enough to beat consensus views, they said. Commentary on the effects of rate cuts and the finalization of 2025 budgets from some US firms will be key.   This is against a backdrop of speculation of a looming market correction in India, amplifying the scrutiny on whether earnings across sectors can justify expensive valuations after the Nifty 50’s bull run in the past year, especially after larger rival Tata Consultancy Services Ltd. missed profit expectations on Thursday. Elsewhere in Asia, Taiwan Semiconductor Manufacturing Co. and Contemporary Amperex Technology Co. also likely emerged from their own challenges. TSMC saw a better-than-expected 39 per cent rise in quarterly revenue ahead of its full results, amid concerns on whether AI-driven growth momentum will last. CATL is set to have pushed through intense battery competition to post accelerating profit growth. Highlights to look out for: Saturday: Avenue Supermarts (DMART IN) likely saw double-digit profit growth in the second quarter, although slower store additions may affect future earnings. The company already reported a 14 per cent rise in revenue from operations in the period, lower than Citi’s estimate of 19 per cent. Citi added it’s cautious about earnings as an adverse product mix may have hurt the gross margin.  Monday: HCL Technologies (HCLT IN) should maintain full-year services revenue growth guidance of 3 per cent to 5 per cent, Nuvama Institutional Equities said. HCL’s near-term expansion may be held back by cautious discretionary IT spending by telecommunications, media and technology clients, Bloomberg Intelligence said.  Reliance Industries’ (RELIANCE IN) earnings were likely helped by Jio’s price hikes, which made the digital services segment’s revenue the fastest-growing among all its verticals. Still, the mainstay petrochemicals businesses, which brings in the biggest revenue share, likely saw profit dip. Refining margins also probably more than halved, analysts at Emkay Research wrote.   Thursday: Infosys (INFO IN) is widely expected to raise its full-year revenue guidance closer to market consensus, while Wipro’s (WPRO IN) report is expected to be less eventful. Commentary on opportunities for projects related to generative artificial intelligence will be closely watched. Consensus estimates predict margins should expand for both companies, which analysts at Emkay Research attribute to absence of visa costs and expense-optimization measures across the sector.  TSMC (2330 TT) is expected to weather challenges from softer demand for Apple Inc.’s iPhone 16, potentially denting chip orders. The firm is expected to reiterate healthy fourth-quarter revenue guidance, JPMorgan said. Delays in Nvidia Corp.’s Blackwell chips and how that would impact TSMC will also be in focus.   Nestle India (NEST IN) will probably report single-digit quarterly sales growth, consensus estimates show. The firm likely implemented price hikes in response to rising commodity prices, analysts at Motilal Oswal said.

  Friday: CATL (300750 CH) probably saw strong quarterly growth, even as global battery demand and prices fell. The battery manufacturing company’s scale and cost advantages contributed to margin stability, allowing it to fend off intense competition, while new growth is generated from the energy-storage business, said BI. Building on its electric car battery success, the firm has unveiled new technologies for heavy-duty vehicles.First Published: Oct 11 2024 | 7:38 AM IST [ad_2] Source link

[news365times]

[ad_1] Infosys is up against high expectations as investors increasingly fret over a potential market correction. | Representational4 min read Last Updated : Oct 11 2024 | 7:38 AM IST By Harshita Swaminathan, Rachel Yeo, Reina Sasaki and Justina T Lee   Infosys Ltd., Wipro Ltd. and HCL Technologies Ltd. are up against high expectations as investors increasingly fret over a potential market correction.    Click here to connect with us on WhatsApp The 2025 financial year has been seen as one of recovery for Indian IT companies after a slowdown in spending from US-based clients brought revenue growth down to the low single-digits in the previous year. While April-June quarter earnings did show an improvement, elevated full-year expectations might prove hard to beat.  “While demand is improving, it is not beating existing estimates,” analysts at HSBC Global Research wrote. The recovery seen so far in banking, media and telecommunications won’t be enough to beat consensus views, they said. Commentary on the effects of rate cuts and the finalization of 2025 budgets from some US firms will be key.   This is against a backdrop of speculation of a looming market correction in India, amplifying the scrutiny on whether earnings across sectors can justify expensive valuations after the Nifty 50’s bull run in the past year, especially after larger rival Tata Consultancy Services Ltd. missed profit expectations on Thursday. Elsewhere in Asia, Taiwan Semiconductor Manufacturing Co. and Contemporary Amperex Technology Co. also likely emerged from their own challenges. TSMC saw a better-than-expected 39 per cent rise in quarterly revenue ahead of its full results, amid concerns on whether AI-driven growth momentum will last. CATL is set to have pushed through intense battery competition to post accelerating profit growth. Highlights to look out for: Saturday: Avenue Supermarts (DMART IN) likely saw double-digit profit growth in the second quarter, although slower store additions may affect future earnings. The company already reported a 14 per cent rise in revenue from operations in the period, lower than Citi’s estimate of 19 per cent. Citi added it’s cautious about earnings as an adverse product mix may have hurt the gross margin.  Monday: HCL Technologies (HCLT IN) should maintain full-year services revenue growth guidance of 3 per cent to 5 per cent, Nuvama Institutional Equities said. HCL’s near-term expansion may be held back by cautious discretionary IT spending by telecommunications, media and technology clients, Bloomberg Intelligence said.  Reliance Industries’ (RELIANCE IN) earnings were likely helped by Jio’s price hikes, which made the digital services segment’s revenue the fastest-growing among all its verticals. Still, the mainstay petrochemicals businesses, which brings in the biggest revenue share, likely saw profit dip. Refining margins also probably more than halved, analysts at Emkay Research wrote.   Thursday: Infosys (INFO IN) is widely expected to raise its full-year revenue guidance closer to market consensus, while Wipro’s (WPRO IN) report is expected to be less eventful. Commentary on opportunities for projects related to generative artificial intelligence will be closely watched. Consensus estimates predict margins should expand for both companies, which analysts at Emkay Research attribute to absence of visa costs and expense-optimization measures across the sector.  TSMC (2330 TT) is expected to weather challenges from softer demand for Apple Inc.’s iPhone 16, potentially denting chip orders. The firm is expected to reiterate healthy fourth-quarter revenue guidance, JPMorgan said. Delays in Nvidia Corp.’s Blackwell chips and how that would impact TSMC will also be in focus.   Nestle India (NEST IN) will probably report single-digit quarterly sales growth, consensus estimates show. The firm likely implemented price hikes in response to rising commodity prices, analysts at Motilal Oswal said.

  Friday: CATL (300750 CH) probably saw strong quarterly growth, even as global battery demand and prices fell. The battery manufacturing company’s scale and cost advantages contributed to margin stability, allowing it to fend off intense competition, while new growth is generated from the energy-storage business, said BI. Building on its electric car battery success, the firm has unveiled new technologies for heavy-duty vehicles.First Published: Oct 11 2024 | 7:38 AM IST [ad_2] Source link

[kamana-mishra]

Radhakishan Damani Portfolio, Shareholdings & Investments: An In-Depth Look

Radhakishan Damani, a legendary figure in the Indian stock market, is best known as the founder of Avenue Supermarts, the parent company of the DMart retail chain. His investment strategies, characterized by patience and a keen eye for value, have earned him a reputation as one of India's most successful investors. In this article, we explore the key components of Damani's portfolio, shareholdings, and investments, with detailed insights from Finology Ticker.

Understanding Radhakishan Damani’s Investment Approach

Damani’s investment philosophy is rooted in identifying companies with strong fundamentals, competent management, and significant growth potential. He tends to hold his investments for the long term, allowing the benefits of compounding to enhance his returns. His portfolio is a blend of established, stable companies and promising growth stocks.

Key Holdings in Radhakishan Damani’s Portfolio

1. Avenue Supermarts Ltd. (DMart)

Sector: Retail

Description: DMart is the cornerstone of Damani's portfolio. The company operates a highly efficient chain of hypermarkets and supermarkets across India, known for its customer-centric approach and low-cost operations. DMart’s impressive financial performance and consistent growth make it a flagship investment for Damani.

2. VST Industries Ltd.

Sector: Tobacco

Description: VST Industries is a major player in the tobacco sector, producing a wide range of tobacco products. Damani’s investment in VST Industries highlights his preference for companies with stable revenue streams and regular dividend payouts.

3. India Cements Ltd.

Sector: Cement

Description: India Cements is one of the largest cement manufacturers in India. With its extensive production capacity and distribution network, the company has a significant presence in the market. Damani’s long-term stake in India Cements reflects his confidence in the infrastructure and construction sectors’ growth prospects.

4. Trent Ltd.

Sector: Retail

Description: Trent operates several retail brands, including Westside and Zudio. The company’s diverse product offerings and strategic growth plans make it an attractive investment in Damani’s portfolio.

5. Blue Dart Express Ltd.

Sector: Logistics

Description: Blue Dart is a leading logistics and courier service provider in India. Known for its extensive network and reliable services, Blue Dart is a strategic investment for Damani, leveraging the growing demand for logistics solutions.

6. Sundaram Finance Ltd.

Sector: Financial Services

Description: Sundaram Finance offers a variety of financial products, including loans, insurance, and asset management. The company’s prudent management and consistent performance align with Damani’s investment philosophy.

7. 3M India Ltd.

Sector: Diversified

Description: 3M India operates in multiple sectors, including healthcare, consumer goods, and industrial products. The company’s innovative approach and diversified revenue streams make it a valuable part of Damani’s portfolio.

8. United Breweries Ltd.

Sector: Beverages

Description: Known for its flagship brand Kingfisher, United Breweries is a dominant player in the alcoholic beverages market. Its strong market position and consistent growth have made it a significant holding in Damani’s portfolio.

Insights from Finology Ticker

Finology Ticker provides a comprehensive overview of Radhakishan Damani's portfolio, shareholdings, and investments. The platform offers detailed information on the performance and financial metrics of the companies in his portfolio, including current share prices, market capitalization, price charts, and balance sheets. This data allows investors to analyze Damani’s investment strategies and the rationale behind his stock selections.

Conclusion

Radhakishan Damani’s portfolio is a reflection of his disciplined investment strategy and deep understanding of market dynamics. His focus on companies with strong fundamentals and growth potential has consistently delivered impressive returns. For investors and market enthusiasts, studying Damani’s portfolio, as detailed on Finology Ticker, provides valuable insights into effective investment strategies and potential market opportunities. By examining his shareholdings and investments, one can gain a better understanding of the principles that drive long-term success in the stock market.

[altiusinvestech]

Key Factors Behind Radhakishan Damani’s Investment Decisions

Introduction 

Damani is a name with a sagacity of the Indian stock market. His investment decisions and strategies are not just successful but serve as a blueprint for aspiring investors.

He founded Dmart, a major retail corporation, and became renowned as a seasoned investor in the Indian equity market. His portfolio has been studied and envied by many. To read more about Radhakishan Daman's portfolio and net worth, read our blog on Altius Investech.

The blog would highlight his strategic moves contributing to the notable success while offering valuable insights to investors.

Long-term investment mindset

With his long-term investment horizon, unlike traders focusing on short-term gains, Damani has invested in various companies for numerous years.

The philosophy and approach of purchasing and holding onto stocks from fundamentally strong companies lets him earn benefits from steady growth, dividend payouts, and appreciation of long-term capital.

Avenue Supermarts, the parent company of DMart, highlights a great example demonstrating the exponential growth attained from long-term holdings. 

Damani has also invested in Chennai Super Kings – an IPL franchise backed by India Cements Limited. With an illustrious history, they have participated in a record 10 finals, won a record five IPL titles in 2010, 2011, 2018, 2021, and 2023, and qualified for the playoffs 12 times out of the 14 seasons they have played in, which is more than any other franchise.

To have your hands-on gains that we can vouch for, buy csk unlisted shares from Altius Investech starting from just ₹ 153. 

Value in Investments

Damani looks out for companies that are undervalued as per their actual worth. Buying the stocks at prices lower than their real, intrinsic value, makes him position himself for considerable gains once the market corrects the undervaluation. The method needs a deeper understanding of the fundamentals of business, involving debt levels, competitive advantages, and revenue streams.

No to High-debt companies

A significant factor in his investment strategies is an aversion to organizations with high debt levels. Instead, he seeks companies with stronger cash flows and manageable debt. The conservativeness shields his investments from risks linked with high leverage, especially during economic downturns, causing stable returns.

Market Timing

What needs to be acknowledged is the way Damani times his entry or exit from businesses, impeccably. He willingly buys stocks when the market shows pessimistic values and sells as per his interest. For example, his entry into some specific apparel or cement stocks during the time of market lows let him reap considerable gains with the recovery of these sectors.

Market Cycles

Damani’s interpretation and understanding of the market cycles significantly contribute to his success. Through effective studies levied on investor behavior and market patterns, he can anticipate market dynamic shifts. The capability of reading the market makes him adjust his strategies as per the prevailing economic scenario.

Business Fundamentals

The decisions he makes in his processes analyze business procedures to invest only in companies having strong management, sustainable advantages, and clear strategies for growth. Instead of market speculation, he identifies companies offering potential and stability, irrespective of conditions of market volatility.

Diversification

With important holdings in the investments and retail sectors, Damani’s portfolio remains diverse across different industries. Diversification helps in the mitigation of risks as poor performance of one stock or sector is compensated by the gains or stability of the rest. This counts as a classic strategy that served him well over the decades.

Network and Mentorship

A close-knit group consisting of seasoned investors as friends and mentors, including the famous Rakesh Jhunjhunwala, gives him a network providing him with robust exchanges of strategies and ideas, and refining his investment tactics and decisions. 

Conclusion

Several disciplined approaches happen to focus on value investing, fundamental analyses, and cautious approaches for debt as well as market timing, making a huge figure to emulate in the world of investment.

Investors who intend to mirror his success must understand and implement these principles as a step forward in earning significant returns in the volatile world of trading stocks. To further diversify and grow your investment, consider investing in unlisted shares on Altius Investech, a platform known for its promising opportunities.

[freemejob24]

DMart Jobs 2023 DMart New Jobs For Fresher

DMart New Recruitment 2023

Introduction

DMart, one of India's leading retail chains, is set to embark on a new recruitment drive in 2023. Known for its commitment to quality, affordability, and customer satisfaction, DMart has become a household name since its establishment. With the expansion of its operations, DMart aims to hire talented individuals who share its passion for excellence and customer service.

Apply Link - https://freemejob.com/private-jobs/

Overview of DMart

DMart, a venture of Avenue Supermarts Ltd., was founded by Mr. Radhakishan Damani in 2002. The retail chain operates stores across various cities in India, offering a wide range of products from groceries to household items and apparel. DMart's business model focuses on providing high-quality products at reasonable prices, making it a preferred shopping destination for millions of customers.

DMart's Expansion Plans

In line with its commitment to growth and customer-centric approach, DMart is planning to open new stores and expand its presence in both existing and new locations. This expansion initiative has led to the need for additional staff, resulting in the announcement of new recruitment in 2023.

Job Opportunities at DMart

Available Positions

DMart will be offering diverse job opportunities across different departments. From store operations to marketing, finance, and human resources, the recruitment drive will cater to various skill sets and qualifications.

Qualifications and Requirements

To be eligible for the available positions, candidates must possess the required educational qualifications and relevant experience in their respective fields. Additionally, candidates with excellent communication and problem-solving skills will be preferred.

DMart's Work Culture and Benefits

At DMart, employees are considered the cornerstone of its success. The company prides itself on fostering a positive work culture that promotes employee growth and job satisfaction.

Employee Training and Development

DMart invests significantly in training and developing its workforce. New employees will undergo comprehensive training programs to ensure they are well-equipped to excel in their roles. Ongoing learning opportunities are also provided to encourage continuous improvement and skill development.

Employee Benefits and Perks

Apart from competitive salaries, DMart offers a range of benefits and perks to its employees. These may include health insurance, performance-based incentives, employee discounts, and more, making it an attractive employer for job seekers.

Application Process

How to Apply

Interested candidates can apply for positions at DMart through the company's official website or by visiting their nearest DMart store. The website features a dedicated career section where candidates can explore available job openings and submit their applications online.

Interview Process

Shortlisted candidates will be invited for interviews. The interview process at DMart focuses on assessing candidates' skills, knowledge, and alignment with the company's values.

Career Growth at DMart

DMart is committed to providing ample opportunities for career growth to its employees. With a strong emphasis on recognizing talent and promoting from within, many employees have experienced remarkable career progression at DMart.

Advancement Opportunities

Employees who demonstrate exceptional performance and dedication have the chance to climb the organizational ladder and take on more significant responsibilities within the company.

Success Stories of Current Employees

DMart boasts inspiring success stories of employees who started at entry-level positions and, over time, advanced to managerial roles. Such stories are a testament to DMart's dedication to nurturing talent and fostering career development.

DMart's Commitment to Diversity and Inclusion

DMart is an equal-opportunity employer and strongly believes in promoting diversity and inclusion in the workplace. The company values the unique perspectives and contributions of individuals from diverse backgrounds and strives to create an inclusive environment for all.

Conclusion

As DMart gears up for its expansion in 2023, the new recruitment drive presents an excellent opportunity for job seekers to be part of a dynamic and customer-oriented organization. With its focus on employee growth, work culture, and commitment to diversity, DMart continues to be a preferred employer in the retail sector.

Apply Link - https://freemejob.com/private-jobs/

[naveentejavath]

D Mart Share Price

D-Mart is a retail chain that operates stores in India under the brand name “DMart”. The company is owned by Avenue Supermarts Ltd. The company was founded in 2002 by Radhakishan Damani. D-Mart offers a wide range of products including groceries, household items, apparel, footwear, and more. D-Mart has become a popular retail chain in India due to its affordable prices and wide selection of��

[gadgetsforusesblog]

Click to read Avenue Supermarts share price: better to stay away

hot stocks, markets Find out what experts think about investing in Avenue Supermarts Share. Know at which levels to buy and what the target price is and know what strategy you can use to make money in this stock and if you have a loss then you need to know how to deal with your loss. Watch video.

[decadentdefendorsoul]

Avenue Supermarts Share Price

About Company Avenue Supermart Limited owns and works the store chain of Dmart stores. The organization has its central command in Mumbai, Maharashtra. It was established in 2002 by one of the best merchants of the financial exchange in India whose name goes b Radhakishan Damani.

Just said, Avenue Supermart Limited is a grocery store chain, doing its business exercises for the sake of Dmart. It had 196 stores in 72 urban areas across 11 states in India starting around 31 December 2019. Dmart bargains in items like Groceries, Daily Essentials, Home and Furniture, Home Appliances, Clothing, Footwear, Toys, and so on. Get the details of Avenue Supermarts Share Price.

The auxiliaries of Avenue Supermart Ltd are as per the following:

Road E-trade Ltd Adjust Retail Traders Pvt Ltd Road Food Plaza Pvt Ltd Reflect Wholesale and Retail Private Limited Nahar Seth and Jogani Developers Private Limited

History of Avenue Supermart Limited Road Supermart Private Limited was consolidated on 12 May 2000 in Mumbai as a confidential restricted organization under the Companies Act 1956. After some time the organization was changed over from private to a public day and because of this the name of the organization has likewise changed to Avenue Supermart Limited. Dmart entered Gujarat in 2007 with its most memorable store in the state. Following three years the quantity of absolute stores is 25 across India with income of over Rs 1000 crores according to the inspected monetary record. The quantity of stores crossed more than 50 of every 2012. In somewhere around 2 years the stores have crossed the count of 75. Because of the spread of store chains across urban communities and territories of India, they crossed an income characteristic of Rs 5000 crores. In 2016 the income has gotten over Rs 7500 crores with stores expanded to 110.

[rudrjobdesk]

राधाकिशन दमानी की DMart को हो सकता है बंपर मुनाफा, 5 दिन में 14% चढ़ गए शेयर

राधाकिशन दमानी की DMart को हो सकता है बंपर मुनाफा, 5 दिन में 14% चढ़ गए शेयर

दिग्गज निवेशक राधाकिशन दमानी के मालिकाना हक वाली रिटेल चेन डी-मार्ट (D-Mart) की पैरेंट कंपनी एवेन्यू सुपरमार्ट्स के जून तिमाही के मुनाफे में सालाना आधार पर कई गुना का उछाल आ सकता है। डी-मार्ट शनिवार को अपने जून तिमाही के नतीजे पेश करेगी। डी-मार्ट ने अपने बिजनेस अपडेट में कहा है कि जून 2022 तिमाही में उसकी सालाना सेल्स में 95 पर्सेंट की ग्रोथ दर्ज की गई है। एवेन्यू सुपरमार्ट्स के शेयर शुक्रवार को…

[indiarightnow]

Avenue Supermarts gains 5% to hit all-time high; stock surges 16% in 6 days

Avenue Supermarts gains 5% to hit all-time high; stock surges 16% in 6 days

Shares of Avenue Supermarts, which runs the DMart chain of stores in the country, hit an all-time high of Rs 2,643, up 5 per cent on the BSE in intra-day trade on Tuesday. The stock surpassed its previous high of Rs 2,559, touched on February 13, 2020. During the six trading days of December, the stock has rallied 16 per cent, as compared to a 3 per cent gain in the S&P BSE Sensex. Avenue…

[vision4perception]

Avenue Supermart stock price up 0.34 per cent as Sensex slides

Avenue Supermart stock price up 0.34 per cent as Sensex slides

Shares of Avenue Supermarts Ltd. rose 0.34 per cent to Rs 5036.3 at 12:44PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 11,903 shares with a turnover of Rs 5.98 crore till 12:44PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 237.32, while the price-to-book…

[doonitedin]

Share Market Live: Sensex sets new high above 61900, Nifty tops 18500; CDSL technical issues now resolved

India VIX was up in the green on Monday. (Image: REUTERS) Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity markets started Monday’s trading session at fresh all-time highs amid mixed global cues. S&P BSE Sensex breached the 61,800 mark while the NSE Nifty 50 was hovering around 18,500. Bank Nifty was up 1%, crossing 39,700. Broader markets were mirroring the up-move.…

[newsclick01]

Avenue Supermarts Profit More Than Doubles To Rs

Avenue Supermarts Profit More Than Doubles To Rs

Avenue Supartmart’s revenue from operations stood at Rs 7,789 crore Avenue Suparmarts – owner and operator of retail chain DMart announced its July-September quarter results for the financial year 2021-22, reporting a net profit of Rs 418 crore on a consolidated basis – marking a growth of 110 per cent, compared to Rs 199 crore in the corresponding month last year. The company’s profit more than…

[arko006-blog]

DMart’s secular rally may pause for a while - ET Retail

DMart’s secular rally may pause for a while – ET Retail

[ad_1]

Mumbai: Running India’s biggest, standalone supermarket business through the pandemic has its share of hazards. Costs are high because screening, sanitation and hygiene maintenance costs at stores have surged, and so have the incentives for frontline staff braving the risk of infection.

That’s the reason DMartisn’t as vocal about the FY21 outlook as it ought to be, especially after the…

[jffc-in-blog]

Avenue Supermarts slips nearly 3.5%

http://bit.ly/2wg5rnX #AvenueSupermarts, #AvenueSupermartsNetProfit, #AvenueSupermartsRevenue, #AvenueSupermartsSharePrice