Mutual funds aggressively booked profits in April, offloading an estimated Rs 17,000 crore from 10 major stocks like HDFC Bank and Wipro. T...

Employees exercising stock options can now pledge shares for funds during trading window closures, thanks to a Sebi clarification. This pro...

Indian markets ended higher driven by positive election trends, with gains in financials, pharma, and metals. Nifty held above key support ...

DMart Share Price: Avenue Supermarts shares fell on Monday. The company reported a 19% rise in net profit and revenue for the March quarter...

Brokerages are selectively approaching the market. Morgan Stanley is positive on Kotak Mahindra Bank due to strong earnings and attractive ...

Markets closed the week with modest gains amidst a volatile trading environment. Key domestic triggers include financial results from Kotak...

Crude oil futures fell sharply on Friday from 4-year highs after Iran signalled a proposal to resume negotiations with the U.S., though pri...

DMart Q4 Results: Avenue Supermarts, the operator of DMart, on Saturday reported a net profit of Rs 656.6 crore for the March quarter of FY...

Markets may remain volatile amid key triggers this week, including the Fed policy decision, Q4 earnings and geopolitical tensions. Technica...

Avenue Supermarts' shares saw a jump after reporting a 19% year-on-year revenue increase for the January-March quarter of FY26. The company...

JM Financial has issued a Hold call on Avenue Supermarts, setting a target price of Rs 3,880, while the current market price is Rs 4,163. A...

JM Financial recommends a 'hold' on Avenue Supermarts, setting a target price of Rs 3,880. Despite a 17% revenue increase driven by new sto...

Motilal Oswal Financial Services recommends buying Avenue Supermarts stock, setting a target price of Rs 5,300 against its current price of...

Avenue Supermarts, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 246016.18 Crore) operating in Retail se...

Promoters held 74.99 per cent stake in the company as of 31-Dec-2022, while FIIs owned 8.59 per cent, DIIs 7.06 per cent.

The brokerage estimates an EBITDA/PAT CAGR of 28%/26% over FY23E-25E. value the company at 50x EV/EBITDA on the FY24E basis.

As per the brokerage's calculation, the LTL growth in 3QFY23 should be in mid-single digit. The management previously indicated that a high...