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3 mins read

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 …

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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 …

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7 mins read

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…

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1 min read

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…

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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…

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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…

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3 mins read

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…

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4 mins read

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…

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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…

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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…

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5 mins read

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…

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2 mins read

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…

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5 mins read

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…

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4 mins read

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…

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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…

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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…

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3 mins read

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…

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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…

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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 …

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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…