[ad_1] Shares of Avenue Supermarts Ltd., the parent of hypermarket chain DMart, are trading with losses of over 5% on Friday, April 4, following the release of its fourth-quarter business update. The company reported standalone revenue growth of 16.6% year-on-year to ₹14,462.4 crore for the quarter. It also added 28 new stores during the period, […]
A DMart bear says it is no longer the go-to destination for affordable daily groceries – CNBC TV18
[ad_1] IIFL Securities, one among the 13 analysts who have a “sell” or equivalent rating on Radhakishan Damani-owned Avenue Supermarts, wrote in a note on Wednesday, December 4, that D-Mart, the hypermarket chain, is no longer the go-to destination for the most affordable daily groceries. Company Value Change %Change IIFL has a “reduce” rating on […]