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3 mins read

Avenue Supermarts: Many roadblocks to clear on its growth runway

The third quarter earnings of Avenue Supermarts, which runs DMart lacked the festive boost, as its …

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4 mins read

DMart is continuing to do what it knows best but the street wants more

DMart has added 43 stores in 2021, the revenue has hit a new record between July and September and …

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7 mins read

DMart shares fall over margin decline and slow recovery in footfalls

Shares of Avenue Supermarts fell over 3% in the first half today, after the retail chain reported a…

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4 mins read

Competitive intensity a big risk for DMart say analysts after company misses Street’s Q3 forecast

Post the Q3 earnings of Avenue Supermarts, analysts have flagged concerns due to increasing competi…

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5 mins read

Sensex, Nifty50 end lower led by losses in metals, auto, banks

India’s benchmark indices Sensex and Nifty50 closed lower on Monday led by losses in shares of meta…

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DMart is focussing on being a cost-effective grocer, but the market wants it to be more than that

The good news for investors is that it has managed to cut costs further. But analysts like ICICI…

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Diwali and Christmas may have saved DMart’s quarter

The normalcy around this festive season was an added bonus, which further boosted customer’s con…

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This Indian billionaire is racing towards the world's top 50 adding nearly $10 billion to his net worth in the last 10 months

Radhakishan Damani, the founder of Avenue Supermarts (DMart) is now the 63rd richest man in the wor…

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4 mins read

Radhakishan Damani has a string of challenges ahead of him and falling profits at DMart don’t help

Radhakishan Damani, the owner ⁠— with a net worth of $15.6 billion, according to Forbes ⁠— of Avenu…

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Pitted against JioMart, Amazon and others, Radhakishan Damani’s DMart has opted for “controlled acceleration” in e-commerce

By the end of October, 2020, DMart finally gave in to the needs of e-commerce and geared up to…

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2 mins read

Top stocks to watch — Cipla, Zydus Cadila, Dr Reddy Laboratories, Tech Mahindra, Avenue Supermarts, Cochin Shipyard, and others

Amidst mixed cues from the global markets, the Indian equities are likely to open flat on Friday. T…

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3 mins read

Top stock movers — DHFL, Jet Airways, Avenue Supermarts, HDFC Bank, DLF, Tata Communications and others

Indian stock market indices opened higher on Monday, as hopes of a US fiscal package and expectatio…

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2 mins read

Top stocks to watch — Avenue Supermarts, Jet Airways, RIL, Airtel, Vodafone-Idea, Tata Communications, HDFC Bank and others

Amidst positive cues from the Asian markets, the Indian equities are likely to open in green on Mon…

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DMart’s management painted a scary picture of the next few quarters ⁠— the shares of Radhakishan Damani’s company fell 5%

But the COVID-19 crisis may take a lot of that sheen away, at least the management believes so, …

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2 mins read

DMart's quarterly sales may fall 25% but the shares are already up 35% ⁠— the retailer is now bigger than Maruti, Nestle and HCL Tech

DMart’s share price has climbed by 35.7% since the beginning of the year. However, its fourth quart…

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5 mins read

ITC’s marketcap is back to ₹4 lakh crore after a 5-year gap

Shares of Kolkata-based FMCG-to-cigarette conglomerate have surged 47% in 2022 led by strong financ…

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3 mins read

DMart obsessed with opening new offline stores while Reliance and Tata run after ecommerce

During a global pandemic, when most people are buying groceries and food online, Dmart is continuin…

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3 mins read

Titan and DMart’s performance hints towards a strong growth for Reliance Retail

Reliance Industries is expected to showcase a positive business growth in the July to September qua…

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2 mins read

LG Display logs profit in 2 years as IT gadgets, TVs demand soar

The company chalked up a net profit of $9.8 million in the July-September period, shifting from …

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1 min read

Airtel Africa Q2 net profit slumps 9% amid coronavirus woes

The company's revenue for the period under review was $965 million compared with $844 million ea…