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Avenue Supermarts trades higher on the BSE Avenue Supermarts is currently trading at Rs. 3836.90, up by 7.85 points or 0.21% from its previous closing of Rs. 3829.05 on the BSE. The scrip opened at Rs. 3869.45 and has touched a high and low of Rs. 3888.00 and Rs. 3835.00 respectively. So far 3948 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5484.00 on 24-Sep-2024 and a 52 week low of Rs. 3567.35 on 22-Nov-2024. Last one week high and low of the scrip...
Avenue Supermarts trades higher on the BSE
Avenue Supermarts trades higher on the BSE
Source: Accord Fintech
2024-12-04 11:05:31 am
Buy Avenue Supermarts Ltd For Target Rs. 4,471 By Geojit Financial Services Ltd Topline growth slowed, gross margin improved Avenue Supermarts Ltd. (DMart) owns & operates India’s most profitable supermarket chain, DMart. It provides products like food, non-food (FMCG), general merchandise & apparel through 377 stores (total 15.8mn sq. ft). * Revenue grew by 14%YoY, while gross margin improved by 20bpsYoY to 14.2% due to an improved product mix. Like-for like growth (for stores operational for at least 24months) declined to 5.5% from 8.6% YoY. * EB...
Buy Avenue Supermarts Ltd For Target Rs. 4,471 By Geojit Financial Services Ltd
Buy Avenue Supermarts Ltd For Target Rs. 4,471 By Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-10-31 12:39:49 pm
Avenue Supermarts rises on signing transaction documents to acquire 26% stake in FPAEPL Avenue Supermarts is currently trading at Rs. 4550.00, up by 9.55 points or 0.21% from its previous closing of Rs. 4540.45 on the BSE. The scrip opened at Rs. 4545.00 and has touched a high and low of Rs. 4614.35 and Rs. 4485.00 respectively. So far 7504 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5484.00 on 24-Sep-2024 and a 52 week low of Rs. 3618.85 on 25-Oct-2023. Last one week high and low of the scrip...
Avenue Supermarts rises on signing transaction documents to acquire 26% stake in FPAEPL
Avenue Supermarts rises on signing transaction documents to acquire 26% stake in FPAEPL
Source: Accord Fintech
2024-10-08 12:01:22 pm
AvenueSupermarts declines despite reporting 14% rise in standalone revenue in Q2FY25 Avenue Supermarts is currently trading at Rs. 4785.00, down by 155.20 points or 3.14% from its previous closing of Rs. 4940.20 on the BSE. The scrip opened at Rs. 4880.00 and has touched a high and low of Rs. 4880.00 and Rs. 4701.90 respectively. So far 23475 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5484.00 on 24-Sep-2024 and a 52 week low of Rs. 3618.85 on 25-Oct-2023. Last one week high and low of the ...
AvenueSupermarts declines despite reporting 14% rise in standalone revenue in Q2FY25
AvenueSupermarts declines despite reporting 14% rise in standalone revenue in Q2FY25
Source: Accord Fintech
2024-10-04 01:58:18 pm
Avenue Supermarts rises on the bourses Avenue Supermarts is currently trading at Rs. 5310.85, up by 44.75 points or 0.85% from its previous closing of Rs. 5266.10 on the BSE. The scrip opened at Rs. 5280.25 and has touched a high and low of Rs. 5353.05 and Rs. 5177.35 respectively. So far 14989 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5446.65 on 11-Sep-2024 and a 52 week low of Rs. 3617.30 on 03-Oct-2023. Last one week high and low of the scr...
Avenue Supermarts rises on the bourses
Avenue Supermarts rises on the bourses
Source: Accord Fintech
2024-09-19 03:54:22 pm
Avenue Supermarts inches up on opening new store in Madhya Pradesh Avenue Supermarts is currently trading at Rs. 5216.35, up by 16.85 points or 0.32% from its previous closing of Rs. 5199.50 on the BSE. The scrip opened at Rs. 5201.10 and has touched a high and low of Rs. 5252.05 and Rs. 5199.85 respectively. So far 1289 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5446.65 on 11-Sep-2024 and a 52 week low of Rs. 3617.30 on 03-Oct-2023. Last one week high and low of the scri...
Avenue Supermarts inches up on opening new store in Madhya Pradesh
Avenue Supermarts inches up on opening new store in Madhya Pradesh
Source: Accord Fintech
2024-09-17 11:56:55 am
Avenue Supermarts trades higher on the BSE Avenue Supermarts is currently trading at Rs. 5018.30, up by 11.15 points or 0.22% from its previous closing of Rs. 5007.15 on the BSE. The scrip opened at Rs. 5028.90 and has touched a high and low of Rs. 5045.40 and Rs. 4982.70 respectively. So far 1993 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5220.00 on 19-Jun-2024 and a 52 week low of Rs. 3617.30 on 03-Oct-2023. Last one week high and low of the scri...
Avenue Supermarts trades higher on the BSE
Avenue Supermarts trades higher on the BSE
Source: Accord Fintech
2024-08-30 10:38:14 am
Avenue Supermarts trades higher on the BSE Avenue Supermarts is currently trading at Rs. 4935.90, up by 56.35 points or 1.15% from its previous closing of Rs. 4879.55 on the BSE. The scrip opened at Rs. 4899.00 and has touched a high and low of Rs. 4977.75 and Rs. 4899.00 respectively. So far 4437 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5220.00 on 19-Jun-2024 and a 52 week low of Rs. 3530.00 on 25-Aug-2023. Last one week high and low of the scri...
Avenue Supermarts trades higher on the BSE
Avenue Supermarts trades higher on the BSE
Source: Accord Fintech
2024-08-26 11:20:34 am
Buy Avenue Supermarts Ltd For Target Rs.5,500 By Motilal Oswal Financial Services Pushing for store addition led growth We attended DMART’s analyst meet, wherein the management noted that it continues to follow “Everyday low cost - Everyday low price” across Food, FMCG, GM, Apparel and DMart Ready. Here are the key highlights: * Guidance intact: DMART expects +20%revenue growth while maintaining gross margins of 14.5-15.5%. It expects store additions to account for 10- 15% of revenue growth, while the remaining would come from SSSG. * A...
Buy Avenue Supermarts Ltd For Target Rs.5,500 By Motilal Oswal Financial Services
Buy Avenue Supermarts Ltd For Target Rs.5,500 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-08-08 10:08:02 am
Add Avenue Supermarts Ltd For Target Rs.5,428 By Centrum Broking Ltd We attended analyst meet hosted by DMart which provided depth on current demand trends and company’s strategy to build on fast growing e-commerce/QCom segment. Management said, (1) with strategy reset (building capabilities), the GM&A category saw sequential improvement, (2) with 341 pick-up locations, DMart ready format is present in 23 cities, (3) despite opening large stores, ~43K Sq.ft area, sales reached to pre Covid levels at Rs32,941/per sq.ft. That said, with 9.9% SSSG in FY...
Add Avenue Supermarts Ltd For Target Rs.5,428 By Centrum Broking Ltd
Add Avenue Supermarts Ltd For Target Rs.5,428 By Centrum Broking Ltd
Source: Centrum Broking Ltd
2024-08-01 05:50:35 pm
Buy Avenue Supermarts Ltd For Target Rs. 5,500 By Motilal Oswal Financial Services GM improvement offset by higher cost of retailing * DMART’s consolidated revenue grew 19% YoY in 1QFY25, led by 14% area addition and 4% productivity growth. An increased contribution from GM&A resulted in a 40bp improvement in gross margin (GM). Higher cost of retailing (COR) led by store adds and operating costs for improving servicing offset the GM improvement and resultant in flat EBITDAM. As a result, EBITDA/PAT grew by 18% YoY each (5%/6% miss). * The gap between revenu...
Buy Avenue Supermarts Ltd For Target Rs. 5,500 By Motilal Oswal Financial Services
Buy Avenue Supermarts Ltd For Target Rs. 5,500 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-07-16 02:17:01 pm
Buy Avenue Supermarts Ltd For Target Rs. 5,290 By JM Financial Services Stable performance Dmart’s Jun-Q earnings print was tad better than our expectations on profitability front. Growth in sales per sq. ft. (+4.4% yoy), is broadly tracking the trajectory (4-6%) seen in recent quarters. Operating performance was tad better than expectation – a function of improved mix. We reckon that base quarter had weaker mix as General Merchandise was recovering while Apparels category was under pressure. However, the trajectory for the discretionary portfolio ...
Buy Avenue Supermarts Ltd For Target Rs. 5,290 By JM Financial Services
Buy Avenue Supermarts Ltd For Target Rs. 5,290 By JM Financial Services
Source: JM Financial Services
2024-07-16 01:58:42 pm
Avenue Supermarts gains on reporting 17% rise in Q1 consolidated net profit Avenue Supermarts is currently trading at Rs. 4972.10, up by 18.75 points or 0.38% from its previous closing of Rs. 4953.35 on the BSE. The scrip opened at Rs. 5070.05 and has touched a high and low of Rs. 5166.10 and Rs. 4941.95 respectively. So far 26179 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5220.00 on 19-Jun-2024 and a 52 week low of Rs. 3493.05 on 16-Aug-2023. Last one week high and low of the scr...
Avenue Supermarts gains on reporting 17% rise in Q1 consolidated net profit
Avenue Supermarts gains on reporting 17% rise in Q1 consolidated net profit
Source: Accord Fintech
2024-07-15 10:12:16 am
Neutral Avenue Supermarts Ltd For Target Rs. 5,310 By Motilal Oswal Financial Services 1QFY25 pre-quarter update Revenue grew 18% YoY (in line) Revenue growth supported by high productivity and footprint adds * Standalone revenue grew 18% YoY to INR137b (in line), driven by 5% growth in revenue/store and 13% YoY store addition. * Revenue/store rose 5% YoY to INR1,490m (+7% YoY in 4QFY24). * Revenue/sqft (calc) increased by ~4% YoY to INR35.9k. The gap between revenue/store and revenue/sqft stood at ~1%. Recovery visible: * Revenue/sqft has been growing for th...
Neutral Avenue Supermarts Ltd For Target Rs. 5,310 By Motilal Oswal Financial Services
Neutral Avenue Supermarts Ltd For Target Rs. 5,310 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-07-12 11:59:27 am
Avenue Supermarts rises on the BSE Avenue Supermarts is currently trading at Rs. 4874.00, up by 21.45 points or 0.44% from its previous closing of Rs. 4852.55 on the BSE. The scrip opened at Rs. 4855.00 and has touched a high and low of Rs. 4899.00 and Rs. 4853.00 respectively. So far 3557 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5220.00 on 19-Jun-2024 and a 52 week low of Rs. 3493.05 on 16-Aug-2023. Last one week high and low of the scri...
Avenue Supermarts rises on the BSE
Avenue Supermarts rises on the BSE
Source: Accord Fintech
2024-07-08 11:21:10 am
Avenue Supermarts inches up on reporting 18% rise in standalone revenue in Q1FY25 Avenue Supermarts is currently trading at Rs. 4781.25, up by 3.25 points or 0.07% from its previous closing of Rs. 4778.00 on the BSE. The scrip opened at Rs. 4764.95 and has touched a high and low of Rs. 4806.00 and Rs. 4700.00 respectively. So far 29160 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5220.00 on 19-Jun-2024 and a 52 week low of Rs. 3493.05 on 16-Aug-2023. Last one week high and low of the scri...
Avenue Supermarts inches up on reporting 18% rise in standalone revenue in Q1FY25
Avenue Supermarts inches up on reporting 18% rise in standalone revenue in Q1FY25
Source: Accord Fintech
2024-07-03 03:07:53 pm
Buy Avenue Supermarts Ltd. For Target Rs. 5,200 - Geojit Financial Services Ltd Healthy topline growth, product mix improves. Avenue Supermarts Ltd. (DMart) owns & operates India’s most profitable supermarket chain, DMart. It provides products like food, non-food (FMCG), general merchandise & apparel through 365 stores (total 15.15mn sq. ft). * We maintain our BUY rating with a revised target price of Rs. 5,200 owing to strong revenue growth and store additions. * Revenue grew by 20%YoY, while gross margin improved by 30bpsYoY to 13.7% due to an im...
Buy Avenue Supermarts Ltd. For Target Rs. 5,200 - Geojit Financial Services Ltd
Buy Avenue Supermarts Ltd. For Target Rs. 5,200 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-06-16 01:46:28 pm
Avenue Supermarts trades higher despite market fall Avenue Supermarts is trading higher despite the market fall as traders opted to buy defensive stocks. The stock is currently trading at Rs. 4390.50, up by 40.90 points or 0.94% from its previous closing of Rs. 4349.60 on the BSE. The scrip opened at Rs. 4360.05 and has touched a high and low of Rs. 4580.60 and Rs. 4360.05 respectively. So far 72307 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4916.15 on 22-M...
Avenue Supermarts trades higher despite market fall
Avenue Supermarts trades higher despite market fall
Source: Accord Fintech
2024-06-04 02:35:54 pm
Avenue Supermarts rises on opening new store in Gujarat Avenue Supermarts is currently trading at Rs. 4645.50, up by 35.15 points or 0.76% from its previous closing of Rs. 4610.35 on the BSE. The scrip opened at Rs. 4650.00 and has touched a high and low of Rs. 4734.65 and Rs. 4625.00 respectively. So far 6590 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4888.00 on 23-Apr-2024 and a 52 week low of Rs. 3353.05 on 18-May-2023. Last one week high and low of the scri...
Avenue Supermarts rises on opening new store in Gujarat
Avenue Supermarts rises on opening new store in Gujarat
Source: Accord Fintech
2024-05-06 10:09:00 am
DMart posts 22 per cent jump in Q4 net profit at Rs 563 crore Avenue Supermarts, operator of the DMart retail chain, on Saturday, announced a consolidated net profit at Rs 563 crore for the January-March quarter of 2023-24 which represents a 22.4 per cent jump over the corresponding figure of Rs 460 crore for the same quarter of 2022-23. The company's total revenue rose by 20 per cent to Rs 12,727 crore during the fourth quarter from Rs 10,594 crore in the same period last year, according to a filing with the stock exchanges. Earnings before i...
DMart posts 22 per cent jump in Q4 net profit at Rs 563 crore
DMart posts 22 per cent jump in Q4 net profit at Rs 563 crore
Source: IANS
2024-05-05 08:59:36 am
Avenue Supermarts gains on opening new store in Karnataka Avenue Supermarts is currently trading at Rs. 4798.20, up by 84.65 points or 1.80% from its previous closing of Rs. 4713.55 on the BSE. The scrip opened at Rs. 4741.35 and has touched a high and low of Rs. 4831.00 and Rs. 4727.20 respectively. So far 7687 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4,831.00 on 10-Apr-2024 and a 52 week low of Rs. 3353.05 on 18-May-2023. Last one week high and low of the scr...
Avenue Supermarts gains on opening new store in Karnataka
Avenue Supermarts gains on opening new store in Karnataka
Source: Accord Fintech
2024-04-10 11:39:04 am
Avenue Supermarts soars on reporting 20% rise in standalone revenue in Q4FY24 Avenue Supermarts is currently trading at Rs. 4630.00, up by 170.35 points or 3.82% from its previous closing of Rs. 4459.65 on the BSE. The scrip opened at Rs. 4567.75 and has touched a high and low of Rs. 4655.00 and Rs. 4546.20 respectively. So far 1099 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4,646.75 on 04-Apr-2024 and a 52 week low of Rs. 3353.05 on 18-May-2023. Last one week high and low of the sc...
Avenue Supermarts soars on reporting 20% rise in standalone revenue in Q4FY24
Avenue Supermarts soars on reporting 20% rise in standalone revenue in Q4FY24
Source: Accord Fintech
2024-04-04 10:14:38 am
Avenue Supermarts surges on investing Rs 100 crore in Avenue E-Commerce Avenue Supermarts is currently trading at Rs. 3704.25, up by 26.30 points or 0.72% from its previous closing of Rs. 3677.95 on the BSE. The scrip opened at Rs. 3680.15 and has touched a high and low of Rs. 3724.00 and Rs. 3674.00 respectively. So far 3760 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4203.00 on 07-Dec-2023 and a 52 week low of Rs. 3292.65 on 16-Mar-2023. Last one week high and low of the scri...
Avenue Supermarts surges on investing Rs 100 crore in Avenue E-Commerce
Avenue Supermarts surges on investing Rs 100 crore in Avenue E-Commerce
Source: Accord Fintech
2024-02-16 03:12:00 pm
Buy Avenue Supermarts Ltd For Target Rs. 4,505 - JM Financial Services DMart’s Dec-Q performance was broadly on expected lines after having built in the growth disappointment laid out in the revenue update provided by the company earlier. Sales per store that accelerated somewhat during 2Q seems to be softened a tad again during 3Q – weaker-than-warranted festive offtakes have impacted non-essential sales and salience with consequential impact on margin as well, in our view. Interestingly, however, management commentaries point to a silver-lining on ...
Buy Avenue Supermarts Ltd For Target Rs. 4,505 - JM Financial Services
Buy Avenue Supermarts Ltd For Target Rs. 4,505 - JM Financial Services
Source: JM Financial Services
2024-01-26 12:12:25 pm
Buy Avenue Supermarts Ltd. For Target Rs.4,300 - Geojit Financial Services Ltd. Healthy topline growth, product mix to improve. Avenue Supermarts Ltd. (DMart) owns & operates India’s most profitable supermarket chain, DMart. It provides products like food, non-food (FMCG), general merchandise & apparel through 341 stores (total 14.2mn sq.ft). * We maintain our BUY rating with a revised target price of Rs. 4,300 owing to healthy revenue growth and store additions. * Revenue grew by 17%YoY, aided by store additions, however, profitability was lower (...
Buy Avenue Supermarts Ltd. For Target Rs.4,300 - Geojit Financial Services Ltd.
Buy Avenue Supermarts Ltd. For Target Rs.4,300 - Geojit Financial Services Ltd.
Source: Geojit Financial Services Ltd
2024-01-23 02:24:20 pm
Buy Avenue Supermarts Ltd Target Rs.4,700 - Motilal Oswal Financial Services Ltd Margins shielded through cost control Revival in GM&A category remains a key monitorable * Avenue Supermarts (DMART)’s consolidated/standalone revenue grew 17% YoY, led by 11% store adds. The stabilization in GM&A contribution, combined with controlled costs, cushioned GM, leading to a flat YoY performance – a sign of recovery. Controlled opex resulted in EBITDA/PAT growing by 16%/17% YoY. Revenue/EBITDA/PAT grew by 18%/10%/3% respectively for 9MFY24. * The gap be...
Buy Avenue Supermarts Ltd Target Rs.4,700 - Motilal Oswal Financial Services Ltd
Buy Avenue Supermarts Ltd Target Rs.4,700 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-01-20 02:20:59 pm
Avenue Supermarts gains on reporting 17% rise in Q3 consolidated net profit Avenue Supermarts is currently trading at Rs. 3867.60, up by 27.50 points or 0.72% from its previous closing of Rs. 3840.10 on the BSE. The scrip opened at Rs. 3920.90 and has touched a high and low of Rs. 3940.00 and Rs. 3859.10 respectively. So far 8744 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4203.00 on 07-Dec-2023 and a 52 week low of Rs. 3292.65 on 16-Mar-2023. Last one week high and low of the scri...
Avenue Supermarts gains on reporting 17% rise in Q3 consolidated net profit
Avenue Supermarts gains on reporting 17% rise in Q3 consolidated net profit
Source: Accord Fintech
2024-01-15 10:47:59 am
Buy Avenue Supermarts Ltd For Target Rs. 4,400 - Motilal Oswal Financial Services Ltd D-Mart 3QFY24 pre-quarter update Revenue grows 17% YoY (5% miss) Soft revenue growth with moderate productivity and footprint adds ? Standalone revenue for 3QFY24 grew 17% YoY to INR132.5b (5% below estimate), driven by 5% growth in revenue per store to INR1,565m (annualized) and 11% store addition. On a sequential basis, revenue grew 8%, led by 5% growth in revenue per store and merely 1% store addition. ? Revenue per sq. ft. rose 4% YoY to INR37,782. Recovery off-track: ? ...
Buy Avenue Supermarts Ltd For Target Rs. 4,400 - Motilal Oswal Financial Services Ltd
Buy Avenue Supermarts Ltd For Target Rs. 4,400 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-01-05 10:49:51 am
Avenue Supermarts gains on the bourses Avenue Supermarts is currently trading at Rs. 3699.95, up by 38.15 points or 1.04% from its previous closing of Rs. 3661.80 on the BSE.The scrip opened at Rs. 3690.60 and has touched a high and low of Rs. 3716.95 and Rs. 3618.85 respectively. So far 2775 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4348.00 on 01-Nov-2022 and a 52 week low of Rs. 3292.65 on 16-Mar-2023.Last one week high and low of the scrip stood at Rs. 3850....
Avenue Supermarts gains on the bourses
Avenue Supermarts gains on the bourses
Source: Accord Fintech
2023-10-25 10:46:34 am
Buy Avenue Supermarts Ltd For Target Rs. 4,500 - Motilal Oswal Financial Services Ltd Demand revival in GM&A category remains a key monitorableAvenue Supermarts (DMART)?s consolidated/standalone revenue grew 18.7%/18.5 YoY in 2QFY24. Revenue growth was mainly led by 11% YoY store additions. However, revenue/sqft that remained a laggard has seen a recocery and improved 6% YoY during the quarter.. This indicated higher contribution from the larger-sized stores.Consolidated EBITDA margin for the quarter contracted 40bp YoY to 8% due to mix-led lower gross margin (reduced ...
Buy Avenue Supermarts Ltd For Target Rs. 4,500 - Motilal Oswal Financial Services Ltd
Buy Avenue Supermarts Ltd For Target Rs. 4,500 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2023-10-17 03:13:08 pm
Buy Avenue Supermart Ltd For Target Rs.4500 - JM Financials Avenue SupermartsDMart?s Sep-Q report was broadly on expected lines. Visible acceleration in growth in average revenue per store (+6.5% vs 4-5% in recent quarters) notwithstanding continued weakness in Discretionary segment is encouraging. LFL growth of 8.6% (1H) for two years or older stores is reasonably strong; this, however, implies that newer stores are pulling system average growth down by quite a bit, which needs some working-upon. Other interesting takeaways: 1) Footfalls at stores co...
Buy Avenue Supermart Ltd For Target Rs.4500 - JM Financials
Buy Avenue Supermart Ltd For Target Rs.4500 - JM Financials
Source: JM Financial Institutional Securities Ltd
2023-10-16 02:04:28 pm
Buy Avenue Supermart Ltd For Target Rs. 3,726 - Motilal Oswal Financial Services Better productivity, store addition boost revenue* DMART?s 2QFY24 standalone revenue grew 19% YoY to INR123.1b (est. INR127.7b), driven by 11% store additions and 7% growth in revenue per store to INR1,485m (annualized). On a sequential basis, revenue inched up 6%, mainly led by footprint additions and improved thru-put.* Revenue per sqft increased by 6% YoY to INR35,869, indicating signs of maturity for larger stores added recently. Signs of recovery* Revenue per sqft, which remaine...
Buy Avenue Supermart Ltd For Target Rs. 3,726 - Motilal Oswal Financial Services
Buy Avenue Supermart Ltd For Target Rs. 3,726 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2023-10-05 04:26:49 pm
Avenue Supermarts shines on reporting 19% rise in standalone revenue in Q2FY24 Avenue Supermarts is currently trading at Rs. 3855.50, up by 133.00 points or 3.57% from its previous closing of Rs. 3722.50 on the BSE.The scrip opened at Rs. 3751.30 and has touched a high and low of Rs. 3864.90 and Rs. 3751.30 respectively. So far 6682 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4601.90 on 04-Oct-2022 and a 52 week low of Rs. 3292.65 on 16-Mar-2023.Last one week high and low of the scrip stood at Rs. 3864...
Avenue Supermarts shines on reporting 19% rise in standalone revenue in Q2FY24
Avenue Supermarts shines on reporting 19% rise in standalone revenue in Q2FY24
Source: Accord Fintech
2023-10-04 11:00:20 am