DMART STOCK NEWS
Q1 results, FII action among 10 factors to impact D-Street mood this week
Nifty gained 1.2%, driven by IT, energy, and pharma stocks. U.S. labor data, TCS earnings, Rupee vs. Dollar, Bank Nifty, oil prices, FIIs, IPO action, and dividends will influence markets next week. Bulls maintain strength with positive sentiment and broader market participation, expecting some consolidation.
Big movers on D-Street: What investors should do with YES Bank, DMart and L&T
YES Bank shares consolidated below Rs 25 resistance, trending downwards with support at Rs 23. Expectation of range-bound trading between Rs 23-25; breakout above Rs 25 could target Rs 27.50 and Rs 28.
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.
Stocks in news: YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc
Indian markets corrected impacting shares of YES Bank, DMart, and Kotak Bank. Despite this, Zomato and Hindustan Zinc were affected, with DMart reporting increased revenue. Additionally, HDFC Bank's weight in the index may increase, as YES Bank reported growth in loans. Force Motors sales declined, KEC International secured new orders, and IEX saw an increase in electricity volume.
Stock Radar: D-Mart hits fresh multi-year high in June 2024; time to buy the dip or book profits?
Traders are advised to consider a retest target of Rs 5100 for Avenue Supermarts (D-Mart) with a stop loss below 4770 on a closing basis. Recommendations in the article do not reflect the views of the Economic Times.
Consumer sector in focus post-election results! D-Mart, Tata Consumer could give 12-18% in 1 year
We believe this rally in staple stocks is driven by not only its ‘defensive sector’ tag but also the underlying excitement, which was triggered by strong post-Q4 management commentary.
- Go To Page 1
Big movers on D-Street: What should investors do with DMart, Sun TV and Uno Minda?
Equity indices rose 1% as PM Modi is set for a third term. Analyst Viral Chheda from SSJ Finance & Securities recommended actions on Dmart, Sun TV, and Uno Minda stocks based on Stochastics Oscillator signals and Bull Run patterns, considering trading volumes.
M&M, Avenue Supermarts among 4 largecap stocks that hit new 52-week highs on Thursday
Indian shares dropped on Thursday due to a slide in Larsen and Toubro (L&T) after its disappointing revenue outlook and amid persistently elevated volatility on jitters over the outcome of the ongoing national elections. However, in today's trading session, 4 largecap stocks from the Nifty200 index hit a new 52-week high. Here's the list:
Should you buy or sell Avenue Supermarts post Q4 earnings?
Shares of Avenue Supermarts traded lackluster after a 22% year-on-year (YoY) jump in its March quarter net profit failed to impress Dalal Street investors.
Paytm shares fall 5% after COO Bhavesh Gupta resigns
Paytm Share Price: On Monday, shares of One 97 Communications, the parent company of Paytm, experienced a 5% decline, reaching a day's low of Rs 351.70. This drop followed the company's disclosure to the exchanges regarding the resignation of Bhavesh Gupta, who served as the Chief Operating Officer (COO) and President of Paytm.
Stocks in news: YES Bank, Godrej Consumer, Kotak Bank, IDBI Bank, DMart
Shares of Godrej Consumer, Lupin, Indian Bank, and Marico will be in focus today as the companies will announce their quarterly results.
Radhakishan Damani buys Rs 86 crore worth of shares in VST Industries, stock up 3%
According to bulk deal data on BSE, the DMart founder bought an additional 1.51% stake in the cigarette maker for a total amount of Rs 86.26 crore through open market deals. The ace investor bought 2.33 lakh shares in the company at Rs 3,689.96 per share.
Stocks in news: Vodafone Idea, Aster DM Healthcare, DMart, Vedanta, RBL Bank
DIFC Dubai Branch has arranged for syndicated term loan of $500 million ($400 million and Green Shoe of $100 million) in two tranches with tenure of 3 years and 5 years.
Adani Power shares soar 5%, extend rally to 15% in four sessions
Adani Power's stock rose by 5% to Rs 588.45 after signing a 20-year power purchase agreement with Reliance Industries. The company's credit rating was upgraded to AA- by India Ratings, showcasing strong performance.
Stocks in news: Jio Financial, HCL Tech, DMart, Tata Consumer, Angel One
Avenue Supermarts reported strong numbers for the quarter ended December, with the consolidated net profit rising 17% year-on-year (YoY) to Rs 691 crore.
Stocks in news: VST Industries, DMart, Hindustan Zinc, RVNL, Adani Enterprises
Bank of Maharashtra's total business rose 19% year-on-year to Rs 4.35 lakh crore in the December quarter, compared with Rs 3.66 lakh crore.
Fundamental Radar: Why Avenue Supermarts can see 16% upside over 12 months? Vikram Kasat explains
Shares of the D’Mart hypermarket operator have given flat returns year-to-date. Despite this, many analysts have held a positive view of the stock and Prabhudas Lilladher is one among them.
Stocks in news: HDFC Bank, Federal Bank, DMart, Tata Motors, Bajaj Finance
Shares of HDFC Bank, Grasim, Federal Bank, Bank of Maharashtra, and ICICI Securities will be in focus as the companies will announce second quarter results.
Stocks in news: Maruti Suzuki, DMart, YES Bank, Nestle India, Adani Enterprises
Avenue Supermarts, which operates retail chain DMart, has reported an 18% increase in its standalone standalone revenues at Rs 12,308 crore for the second quarter ended September.
Stocks in news: Vedanta, DMart, Paytm, Coal India, Godfrey Phillips
Anil Agarwal said the Konkola Copper Mines, which returned to his London-based firm Vedanta Resources last week, can be moved to the group's India-listed firm Vedanta "at the right valuation".
DMart shares fall over 2% on weak Q1 earnings. Should you buy, sell or hold?
The company reported a mere 2.3% year-on-year (YoY) rise in net profit for the quarter ended June to Rs 695.36 crore, despite double-digit growth in revenue. The hypermarket chain operator reported an 18% YoY growth in revenue for the quarter at Rs 11,584.40 crore.
Stocks in news: D-Mart, HDFC Bank, LTIMindtree, Angel One, JSW Energy, Concor
Shares of HDFC Bank, LTIMindtree, and Tata Elxsi will be in focus today as the companies will announce their first quarter results.
Here's why Sudip Bandyopadhyay is bullish on textile stocks
But having said that, if somebody is taking a slightly longer-term view, there is absolutely no problem. Also, I must say that there is definitely a positive tailwind behind BFSI as a whole and banking in particular and the top banks like ICICI and HDFC Bank will definitely benefit because of the tailwind. The credit growth is there, asset quality is improving and also recoveries are happening.
DMart, Varun Beverages, Zomato among 11 stocks that may exit Nifty Next50. Here's why
The National Stock Exchange (NSE) has suggested the exclusion of non-F&O stocks from the Nifty Next 50 index to improve the ease of replication for passive funds. The Nifty Next 50 represents 50 stocks from the Nifty 100 index after excluding the standard Nifty 50 stocks.
Stocks in news: DMart, Adani Enterprises, DLF, Tata Motors, PVR
Adani Enterprises and Adani Transmission today announced that they would raise funds totalling Rs 21,000 crore through the qualified institutional placement (QIP) route.
Stocks in news: DMart, Nykaa, Vedanta, Hero MotoCorp, LIC
Avenue Supermarts, which operates retail chain DMart, has reported Rs 10,337 crore standalone revenue for the fourth quarter ending March.
Stocks in news: Radiant Cash, D-Mart, RIL, Vedanta, HDFC, SpiceJet, Railtel Corp
Reliance Consumer Products Limited, the FMCG arm of Reliance Retail Ventures Ltd, will acquire 50% stake in Gujarat-headquartered Sosyo Hajoori Beverages Private Limited (SHBPL), which owns and operates beverage business under the flagship brand ‘Sosyo’.
No new trigger in DMart stock after Q2 results? What investors should do
"The stock could take a breather on the back of the September quarter report that was relatively lacklustre. Normalised growth in sales per-store (3-year CAGR) improved a tad to 3% vs 2% seen in recent quarters," JM Financial's Richard Liu said.
Load More
