DMart News
Avenue Supermarts share price gains on investment of ₹175 crore in DMart E-Commerce arm
Stock Market Today: Avenue Supermarts Ltd share price gained in the intraday trades on Thursday on the news of investment of ₹175 crore in the DMart E-Commerce arm
1 min read20 Mar 2025Imagicaaworld Entertainment allots 17 lakh shares to DMart promoter Gopi Kishan Damani. Details here
Imagicaaworld Entertainment’s shares rose over 8% on February 12 after announcing a ₹345.19 crore fundraising plan. The company will issue equity shares and convertible warrants at ₹73.50 each, with significant participation from notable investors like DMart’s Gopi Kishan Damani.
2 min read12 Feb 2025Avenue Supermarts: Margin pressure, new chief in investor cart
Avenue’s operating margin fell at a sharper-than-expected pace in the December quarter.
3 min read13 Jan 2025‘Everyone frets over e-commerce too much. We do not’: DMart’s outgoing CEO Neville Noronha
As DMart prepares for a new chapter with Anshul Asawa at the helm, outgoing CEO Neville Noronha reflects on his tenure, the evolving retail landscape, the strength of brick-and-mortar operations, and e-commerce hurdles.
5 min read13 Jan 2025Home delivery eats DMart Ready’s grocery lunch
Avenue Supermarts Ltd will now offer only home delivery in certain areas, marking a change in strategy amid rising e-commerce demand. CEO Neville Noronha will be replaced by Anshul Asawa on 1 February 2024, as investors worry about future growth and competition in the grocery sector.
4 min read13 Jan 2025DMart Q3 Results: Avenue Supermarts net profit rises 4.7% to ₹723 crore, revenue up 17.6% YoY
DMart Q3 Results: Avenue Supartmarts reported a net profit of ₹723 crore in the December quarter, compared to ₹690.61 crore in the year-ago period.
3 min read11 Jan 2025Avenue Supermarts Q3 Results Preview: DMart Q3 net profit seen up 15%, revenue growth at 17% YoY on store expansion
DMart Q3 Results: Avenue Supermarts share price has fallen over 20% in three months and 24% in six months. However, the Radhakishan Damani-portfolio stock is down just over 3% in one year.
2 min read10 Jan 2025Avenue Supermarts share: DMart shares dip as exchange seeks clarification on Friday stock rise
Avenue Supermarts, owner of DMart, experienced a stock decline on January 6 after exchanges requested clarification on volume movements.
1 min read6 Jan 2025Stocks to buy: Reliance, DMart, CG Power among 6 stocks that may rise 5-10% in the next 3-4 weeks, say analysts
Stocks to buy: Indian stock market benchmark Nifty 50 fell 2% on November 4, driven by market caution ahead of the US election and Federal Reserve decisions. Despite weak investor sentiment, experts recommend six stocks for potential gains of 5-10% in the next few weeks.
5 min read4 Nov 2024DMart share price slides 22% in October, posts worst monthly drop since listing. More pain ahead?
DMart’s stock has fallen sharply, now trading below ₹4,000 for the first time in six months. Analysts predict continued downward pressure, citing weak performance and increased competition from online grocery services.
3 min read21 Oct 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared