A total of 1,871 shares changed hands on the counter till 01:13PM (IST).

A total of 3,415 shares changed hands on the counter till 01:08PM (IST)

The stock traded at a P/E multiple of 107.02, while the price-to-book value ratio stood at 13.72.

On the technical charts, the RSI of the stock stood at 60.73.

A total of 2,484 shares changed hands on the counter till time (IST).

The stock quoted a 52-week high price of Rs 4225.0 and low of Rs 3292.65.

India has delivered strong relative earnings, sustaining the strong market outperformance seen in 2022, while macro-fundamentals have withstood tightening financial conditions in the US. “India is set to establish secular economic and earnings outperformance vs EM,” the investment bank said in its 2024 outlook report.

A total of 3,260 shares changed hands on the counter till 12:54PM (IST)

Avenue Supermarts reported a consolidated net profit of Rs 623.35 crore in Q2 FY24, down 9.09 percent Year-on-Year (YoY). The company’s revenue was up 18.66 percent YoY at Rs 12,624.37 crore in the same period

As of 30-Sep-2023, promoters held 74.65 per cent stake in the company, while FIIs held 7.67 per cent and domestic institutional investors had 7.27 per cent.

A total of 1,317 shares changed hands on the counter till 10:30AM (IST)

As of 30-Sep-2023, promoters held 74.65 per cent stake in the company, while FIIs held 7.67 per cent and domestic institutional investors had 7.27 per cent.

A total of 2,122 shares changed hands on the counter till 12:33PM (IST).

A total of 3,718 shares changed hands on the counter till 12:58PM (IST)

The stock quoted a 52-week high price of Rs 4348.0 and a 52-week low of Rs 3292.65.

The stock quoted a 52-week high of Rs 4348.0 and a 52-week low of Rs 3292.65.

As of 30-Sep-2023, promoters held 74.65 per cent stake in the company, while FIIs held 7.67 per cent and domestic institutional investors had 7.27 per cent.

On the technical charts, the RSI of the stock stood at 39.68.

On the technical charts, the 200-day moving average of the stock stood at Rs 3620.2.

The stock quoted a 52-week high of Rs 4348.0 and a 52-week low of Rs 3292.65.

A total of 4,172 shares changed hands on the counter till 11:37AM (IST)

The Relative Strength Index of the stock stood at 44.97 on Monday.

A total of 209,995 shares changed hands on the counter till 12:27PM (IST).

A total of 4,008 shares changed hands on the counter till 11:36AM (IST)

A total of 8,395 shares changed hands on the counter till time (IST).

A total of 5,695 shares changed hands on the counter till time (IST).

Avenue Supermarts Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 251684.03 Crore) operating in Retail sector.

Stocks that were in focus include names like DMart, which declined 1.8%, Delta Corp, which fell 8%, and SpiceJet, whose shares dropped 8.51% on Monday.

The company's consolidated net profit in the September quarter fell by 9% to ₹623.35 crore from the year-ago period. Revenue grew by 18.5% to ₹12,307.72 crore in this period.

ICICI Securities recommended hold rating on Avenue Supermarts with a target price of Rs 4000 in its research report dated October 15, 2023.

Motilal Oswal is bullish on Avenue Supermarts recommended buy rating on the stock with a target price of Rs 4500 in its research report dated October 15, 2023.

The Relative Strength Index of the stock stood at 57.01 on Monday.

Avenue Supermarts on Saturday reported a consolidated net profit of Rs 623.35 crore for the quarter ended September 30, 2023, which was down by over 9% from Rs 685.71 crore reported by the company in the corresponding period of the previous financial year. The company which operates DMart reported a consolidated revenue from operations at Rs 12,624 crore which was up by 18.66% from Rs 10,638.33 reported by the company in Q2FY23.

Jefferies maintained a hold rating on Avenue Supermarts (D-Mart) but raised the target price to Rs 3850 from Rs 3700 earlier post September quarter results.

Over the past few quarters, D-Mart has also been trying new initiatives such as in-store pharmacy, smaller formats of D-Mart Minimax and rejig of general merchandise offering in favor of faster moving SKUs.

Traders are strictly advised to hedge their long positions since any escalation in the ongoing geopolitical crisis might reverse the markets without any intimation.

Prabhudas Lilladher is bullish on Avenue Supermarts has recommended buy rating on the stock with a target price of Rs 4724 in its research report dated October 14, 2023.

Prabhudas Lilladher is bullish on Avenue Supermarts (DMART IN) has recommended buy rating on the stock with a target price of Rs 4724 in its research report dated October 14, 2023.

Avenue Supermarts on Saturday reported a consolidated net profit of Rs 623.35 crore for the quarter ended September 30, 2023, which was down by over 9% from Rs 685.71 crore reported by the company in the corresponding period of the previous financial year.

DMart Q2 results: The company’s Q2 update said that total stores as of September 30 stood at 336

As of October 13, Avenue Supermarts has 9 sell calls and 6 hold calls

DMart Q2 Results: According to the provisional numbers released by the owner of DMart hypermarket chain earlier this month, the companys standalone revenue increased by nearly 19% YoY in the September quarter to Rs 12,308 crore.

A total of 23,213 shares changed hands on the counter till time (IST).

A total of 3,097 shares changed hands on the counter till 12:43PM (IST)

A total of 7,164 shares changed hands on the counter till time (IST).

A total of 3,455 shares changed hands on the counter till 01:50PM (IST)

A total of 3,704 shares changed hands on the counter till 12:12PM (IST).

“HDFC Bank and Bank Nifty should be the key and we think as the RBI governor was very bullish, he said the best place to be is in India, I would take his words to be more credible than this present uncertainty which has been caused by this geopolitical event.”

Other than TCS, National Standard (India), Signatureglobal (India), Delta Corp, Samhi Hotels, Zaggle Prepaid Ocean Services, Plastiblends India, Justride Enterprises, and Sanathnagar Enterprises will also announce their Q2 results on October 11.

A total of 19,482 shares changed hands on the counter till 02:09PM (IST)

A total of 9,298 shares changed hands on the counter till 10:45AM (IST)

Avenue Supermarts has seen a breakout of downward sloping resistance trendline adjoining highs of June 19 and September 14 this year, and has formed strong bullish candlestick patttern on the daily timeframe with robust volumes. The stock climbed 4 percent to Rs 3,873.

Banking stocks take a knock. Analysts say traders should keep an eye out for stocks which are showing resilience in a weak market such as Bajaj Finance, L&T and Zomato

The retailer’s stock has a ‘sell’ call from Citi with the target price set at Rs 3,060 per share.

The company's revenue stood at Rs 10,384 crore in the same period last year. On a sequential basis, revenues rose 6% from Rs 11,584 crore clocked in the preceding June quarter.

A total of 5,428 shares changed hands on the counter till time (IST).

On September 28, several major stocks exhibited their strength by surpassing their 200-day SMA.

A total of 4,287 shares changed hands on the counter till 01:03PM (IST)

A total of 1,748 shares changed hands on the counter till time (IST).

A total of 2,263 shares changed hands on the counter till 11:52AM (IST).

As of 30-Jun-2023, promoters held 74.65 per cent stake in the company, while FIIs held 8.17 per cent and domestic institutional investors had 6.86 per cent.

A total of 1,862 shares changed hands on the counter till time (IST).

A total of 10,800 shares changed hands on the counter till 12:43PM (IST).

The stock quoted a 52-week high price of Rs 4601.9 and low of Rs 3292.65.

Promoters held 74.65 per cent stake in the company as of 30-Jun-2023, while FII and DII ownership stood at 8.17 per cent and 6.86 per cent, respectively.

A total of 2,411 shares changed hands on the counter till 11:31AM (IST).

The D’Mart chain of stores has bought 17 commercial spaces with a total area of 45,876.92 sq.ft.

Avenue Supermarts, the owner of D-Mart supermarket chain, has acquired around 50,000 sq ft of commercial space in Mumbai's Kandivali suburb. The company purchased 17 commercial units across four floors of a residential tower for over INR 88.74 crore. This acquisition is part of the company's expansion strategy, with plans to open 40 stores in the current financial year.

The stock traded at a P/E multiple of 103.27, while the price-to-book value ratio stood at 13.72.

A total of 16,804 shares changed hands on the counter till 01:59PM (IST)

A total of 5,750 shares changed hands on the counter till 01:24PM (IST)

A total of 3,344 shares changed hands on the counter till 11:37AM (IST).

The Relative Strength Index of the stock stood at 61.97 on Thursday.

As of 30-Jun-2023, promoters held 74.65 per cent stake in the company, while FIIs held 8.17 per cent and domestic institutional investors had 6.86 per cent.

The stock quoted a 52-week high price of Rs 4606.0 and low of Rs 3292.65.

A total of 1,772 shares changed hands on the counter till 11:37AM (IST)

Reliance Industries is considering selling an additional 8-10% stake in Reliance Retail Ventures Ltd (RRVL) to raise funds for expansion and debt retirement before its planned IPO. The stake sale would be done in tranches over 12-15 months and is crucial for the success of RRVL's IPO, as the current valuation of $100 billion is considered too large for the market to absorb. The company aims to dilute another 7-10% equity to make the IPO size manageable. The proceeds from the stake sales will be used for store expansion and debt reduction.

A total of 2,594 shares changed hands on the counter till 12:53PM (IST).

RRVL, the holding company of Reliance Retail Ltd (RRL), had diluted 10.1% stake and raised over $6 billion in 2020 from several financial sponsors and sovereign wealth funds (SWFs) such as KKR, General Atlantic, TPG, Silver Lake, L Catterton, Abu Dhabi Investment Authority, Mubadala and Public Investment Fund of Saudi Arabia.

A total of 14,902 shares changed hands on the counter till 01:56PM (IST).

The stock traded at a P/E multiple of 96.75, while the price-to-book value ratio stood at 13.72.