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Mixed-bag festive season spells speed bumps for consumer companies
The third quarter of India is known for its many festivals, weddings and much more and is thus the …
Avenue Supermarts: Many roadblocks to clear on its growth runway
The third quarter earnings of Avenue Supermarts, which runs DMart lacked the festive boost, as its …
DMart shares fall over margin decline and slow recovery in footfalls
Shares of Avenue Supermarts fell over 3% in the first half today, after the retail chain reported a…
D-Mart Q2 revenue jumps 35.7% to ₹10,384 crore
The company had revenue from operations of Rs 7,649.64 crore in the year-ago period, according t…
PTI
Competitive intensity a big risk for DMart say analysts after company misses Street’s Q3 forecast
Post the Q3 earnings of Avenue Supermarts, analysts have flagged concerns due to increasing competi…
Diwali and Christmas may have saved DMart’s quarter
The normalcy around this festive season was an added bonus, which further boosted customer’s con…
DMart is focussing on being a cost-effective grocer, but the market wants it to be more than that
The good news for investors is that it has managed to cut costs further. But analysts like ICICI…
Sensex, Nifty50 trend higher led by gains in Tata Motors, Infosys, Tata Steel and L&T
India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Monday amidst negativ…
Sensex, Nifty50 slip in morning trade: Adani Transmission, Adani Total Gas fall 5% after MSCI drops them
Indian equity markets are likely to open in the red on Friday amidst negative global cues. SGX Nift…
HUL Q3 net profit rises 12% YoY to ₹2,505 crore – rural slowdown ‘bottoming out’, says company
India’s largest FMCG player Hindustan Unilever on Thursday met analyst expectations with a 12% year…
RIL’s Q3 to be a mixed bag: Muted growth seen in O2C, robust performance projected for retail and Jio
Mukesh Ambani-led Reliance Industries’ December-quarter is expected to be a mixed bag with muted pe…
DMart is now a ₹2 trillion company – Radhakishan Damani has many more cards to pull, the first being e-commerce
One of India’s largest retailers, DMart, registered as Avenue Supermarts Ltd, has seen its share…
Hindustan Unilever’s net profit rises 13.6%, beats analyst expectations
Hindustan Unilever today beat analyst expectations to report a 13.6% increase in net profit to 2,38…
IndusInd Bank Q3 net profit grows 69% YoY to ₹1,959 crore, margin and asset quality see improvements
IndusInd Bank reported a standalone net profit of ₹1,959 crore in Q3, registering a growth of 69% y…
Radhakishan Damani has a string of challenges ahead of him and falling profits at DMart don’t help
Radhakishan Damani, the owner — with a net worth of $15.6 billion, according to Forbes — of Avenu…
Hindustan Unilever’s resurgent quarter signals demand recovery later this year – brokerages bullish
HUL’s strong showing in the June quarter augurs well for consumer demand trends. The FMCG giant rep…
TCS says no footprint of recession in the near-term, but deal sizes are shrinking
TCS did not win any billion dollar deal in the June quarter, with new deal wins down to $8.2 billio…
Indian markets could recover on Monday but earnings, global cues will decide the rest of the week, say experts
Indian stock markets are geared up for a dynamic performance in the coming week, influenced by a mu…
This Adani group stock has doubled in 12 months and has surpassed market cap of ITC, Maruti and L&T
Billionaire Gautam Adani-owned Adani Transmission hit a 52-week high today and has left behind top …
Adani Enterprises’ ₹20,000 crore FPO opens on January 27, will fuel its green hydrogen ambitions, repay debt
Adani Enterprises plans to use part of the proceeds of its follow-on public offer (FPO) to fuel its…