AVENUES SUPERMARTS SHARES
Avenue Supermart shares up 0.56% as Nifty gains
A total of 41,916 shares changed hands on the counter till 12:13PM (IST).
Avenue Supermarts shares jump 4%. Should you buy, sell, or hold after Q1 results?
Avenue Supermarts' shares surged 4% to Rs 5,166 on BSE as Q1 revenue rose 19% YoY, driven by 14% area expansion and 4% productivity growth. Analysts highlight narrowing gaps in revenue per sq ft (up 4.2% YoY) and per store (up 4.7% YoY), signaling higher share from larger stores.
Hot stocks: Brokerage view on HCL Tech and Avenue Supermarts
Nomura raised HCL Tech's target to Rs 1,720, citing Q1FY25 beat expectations. Investec, maintaining a sell view with a Rs 1,312 target, noted inline results with concerns over EBIT%.
DMart Q1 Results: PAT grows 17.5% YoY to Rs 774 crore, revenue up 19%
Contribution from General Merchandise and Apparel continued to improve during the quarter and this is reflected in the gross margin uptick (Q1 FY 2025 vs Q1 FY 2024). Operating costs have gone up due to continuing effort on improving service levels and building capability for the future
Avenue Supermart share price up 1.73 per cent
A total of 6,547 shares changed hands on the counter till 10:25AM (IST).
Share price of Avenue Supermart rises as Nifty strengthens
A total of 17,394 shares changed hands on the counter till 10:00AM (IST).
Share price of Avenue Supermart falls as Nifty weakens
A total of 14,729 shares changed hands on the counter till 11:01AM (IST).
Avenue Supermart shares down 0.73% as Nifty gains
A total of 5,369 shares changed hands on the counter till 12:02PM (IST).
Shares of Avenue Supermart rise as Nifty drops
On the technical charts, the 200-day moving average of the stock stood at Rs 4134.26.
Avenue Supermart shares drop 0.2% as Sensex falls
A total of 10,405 shares changed hands on the counter till 12:33PM (IST)
Avenue Supermart shares drop 0.24% as Sensex rises
A total of 4,174 shares changed hands on the counter till 01:24PM (IST)
Hot stocks: Brokerage view on HDFC Bank, M&M Finance and Avenue Supermarts
Jefferies and UBS rate HDFC Bank as Buy. Jefferies also buys M&M Finance; Citi is neutral on M&M. UBS reiterates Buy on HDFC Bank. Citi rates Avenue Supermarts neutral; Morgan Stanley sees it overweight, with sell ratings from both firms.
Avenue Supermarts Q1 Update: Standalone revenue jumps 18% YoY to Rs 13,712 crore
Avenue Supermarts, owner of DMart, reported a 22.4% increase in consolidated net profit to Rs 563 crore for the quarter ended March 2024, driven by a 20% YoY jump in revenue to Rs 12,727 crore. The company also witnessed a 22.3% YoY growth in EBITDA to Rs 943 crore, with operating profit margins expanding by 13 basis points to 7.41%.
Share price of Avenue Supermart falls as Nifty strengthens
A total of 27,538 shares changed hands on the counter till 01:54PM (IST).
Avenue Supermart shares drop 2.07% as Sensex falls
On the technical charts, the RSI of the stock stood at 52.28.
Avenue Supermart shares fall 0.25% as Nifty gains
The stock quoted a 52-week high price of Rs 5220.0 and a 52-week low of Rs 3493.05.
Avenue Supermart share price down 1.58 per cent
A total of 6,786 shares changed hands on the counter till 01:29PM (IST).
Avenue Supermart shares gain 0.78% as Sensex falls
On the technical charts, the RSI of the stock stood at 55.94.
Avenue Supermart shares rise 1.33% as Sensex climbs
A total of 6,832 shares changed hands on the counter till 10:56AM (IST)
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