Avenue Supermarts, which runs the popular DMart chain of retail stores, on Saturday, announced that its consolidated profit for the quarter ended June 2024 has jumped 17.5% to Rs 774 crore as against Rs 659 crore in the corresponding quarter of the previous financial year. The company’s revenue jumped 18.6% year-on-year (YoY) to Rs 14,069 …
The 10-minute grocery delivery store Zepto believes that it will become bigger than D-Mart in sales in the next 18 to 24 months, Zepto co-founder and CEO Aadit Palicha said. “DMart is a $30 billion company and they are only 4.5 times our size in sales. If we continue to execute well, we will continue …
Stock market today: Market indices benchmark – Nifty and Sensex – reached new intra-day highs on Tuesday but couldn’t maintain the momentum, closing with slight losses due to subdued global signals. The Nifty 50 reached a new all-time peak of 24,236.35 during the session but concluded slightly lower, down 18 points or 0.07 per cent, …
 "Brokerage lists 54 ‘Modi stocks’ likely to benefit from BJP win in Lok Sabha elections – Firstpost")
Prime Minister Narendra Modi. Source: Reuters Stocks of 54 companies, most of them public sector undertakings (PSUs), could be direct beneficiaries of the policies of the current government led by Prime Minister Narendra Modi, said international brokerage CLSA. The brokerage further predicted that the stocks of India’s state-run companies, or PSUs, may see a top …
DMart share price extended the rally for the fifth consecutive session on Friday, gaining more than 7% this week so far. The recent gains in DMart shares came after global brokerage firm CLSA initiated coverage on the stock citing growth opportunities. CLSA initiated coverage on Avenue Supermarts, the DMart retail chain operator, with a ‘Buy’ …
Stock Market News: Domestic equity benchmark indices, the Sensex and Nifty 50, finished Thursday’s trading session in green due to encouraging global cues and dovish US Federal Reserve. The 30-share BSE Sensex ended higher by 539.50 points or 0.75% at 72,641.19 level while the Nifty 50 closed at 22,011.95 level, up 172.85 points or 0.79%. …
https://www.cnbctv18.com/photos/market/stocks-to-watch-shyam-metalics-hero-motocorp-dmart-bank-of-maharashtra-and-more-18702031.htm Copied Shyam Metalics & Energy | The steel maker on Tuesday launched its Qualified Institutional Placement (QIP) with a base issue size of ₹1,152 crore. The company is eyeing an increased issue size of ₹1,385.3 crore, incorporating the green shoe option. The indicative price for the QIP is set at a discount of 10.4% …
Market benchmark Nifty 50 has been trading rangebound for the last few days due to a lack of triggers. Investors appear to be cautious ahead of state election outcomes and India’s Q2 GDP numbers. In morning trade on Tuesday, Nifty 50 rose about 0.3 per cent but soon pared most gains and traded 0.14 per …