Explained: Why DMart shares plunged 9% in early trade today
Oct 14, 2024 · DMart’s parent company, Avenue Supermarts, saw its shares drop by 9.3% in early trade on Monday, hitting a low of Rs 4,143.60 on the Bombay Stock Exchange (BSE). The sharp decline came after several brokerage firms downgraded the stock, lowering its target price to as low as Rs 3,702. The reason?
D-Mart Share Price: Avenue Supermarts jumps 15% post Q3
5 days ago · Home Market News D-Mart parent shares jump 15% post Q3 update but analysts remain divided. D-Mart parent shares jump 15% post Q3 update but analysts remain divided. Avenue Supermarts Ltd., the parent company of the hypermarket chain DMart, reported strong sales numbers for the third quarter. The growth of 17.5% marks the highest in several ...
DMart Shares Rise 15% After Q3 Revenue Surges 17% To Rs …
5 days ago · Follow us on Google News. DMart shares locked at 10% upper circuit. Share of Avenue Supermarts, the operator of retail giant DMart, surged 15% to their day’s high of Rs 4,153 on the BSE today, following the announcement of a 17% year-on-year (YoY) increase in standalone revenue for the quarter ended December 31, 2024.
DMart shares slip 9% after downgrades from brokerage firms on …
Oct 14, 2024 · Shares of Avenue Supermarts-held DMart slipped 9.3% in an early trading session on Monday to day’s low of Rs 4,143.60 on the BSE as the company earned several downgrades from various brokerage firms with the target price going down to Rs 3,702 as Q2 earnings disappointed the Street.
DMart shares rise 10%; hits upper circuit on strong Q3 report and …
5 days ago · DMart share price today, January 03: DMart shares surge 10% on robust Q3 results and store expansion, Motilal Oswal has a target price of Rs 5,300.
DMart Q3 Update: Standalone revenue jumps 17% to Rs 15,565 …
5 days ago · Avenue Supermarts, which operates retail chain DMart on Thursday reported a 17% year-on-year jump in its standalone revenue for the quarter ended December 31, 2024 at Rs 15,565.23 crore. The company had reported a topline of …
D-Mart : Latest News Headlines, Videos and Photo Galleries on D-Mart ...
Jul 13, 2024 · D-Mart's Dec quarter profit up 6.7% to Rs 589.64 crore, sales rise 25.5%. Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported a 6.71 per cent increase in its consolidated net profit to Rs 589.64 crore for the third quarter ended on December 31, 2022.
DMart shares tumble 5% despite 15% YoY jump in revenue.
Oct 4, 2024 · Shares of Avenue Supermarts-operated DMart tumbled 5% to their day’s low of Rs 4,701.90 after the company reported 14% growth in its standalone revenues at Rs 14,050 crore for the second quarter and added a net of 6 stores. The total number of stores at the end of September 2024 stood at 377.
Another DMart bear cuts its price target, earnings estimates as ...
Dec 11, 2024 · Brokerage firm Goldman Sachs has cut its price target on Avenue Supermarts Ltd., the parent of hypermarket chain DMart, while maintaining its "sell" recommendation on the stock. The price target on Avenue Supermarts has been cut to ₹3,425 from ₹4,000 earlier by Goldman Sachs.
D Mart | Latest & Breaking News on D Mart | Photos, Videos, …
D-Mart: Margin miss in Q4; valuations rich. While D-Mart is rapidly enhancing its store network and has commenced sales of pharmacy products, we expect margin pressures to sustain in …
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