Avenue Supermarts shares plummet 9% on weak Q2; here’s what analysts say
D-Mart posted a tepid growth in Q2 FY25, owing to lower productivity of stores as well as fast ramp-up of quick commerce services in large metro cities.
radhakishan damani
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RK Damani sells 6.91 cr shares of India Cements to UltraTech for ₹1,914 cr; stock falls 3%
Radhakishan Damani, the founder of DMart chain of hypermarkets, sold around 24% stake in India Cements to Ultratech Cement via block deals yesterday.
Avenue Supermart shares jump post Q3; here’s what analyst suggests
Axis Securities has maintained ‘Hold’ on D-Mart shares with a target price of ₹4,150 apiece, but cut FY24 and FY25 PAT estimates by 8% and 12%, respectively.
Retail King Radhakishan Damani owns 77% of sector wealth
He’s followed by Rafique A. Malik of Metro Brands, Suder Genomal of Page Industries
10 RICHEST INDIANS
Top 10 Richest Indians accounted for 41.65% of the total wealth of 157 dollar billionaires. The wealth of all dollar billionaires is 25.4% of India’s FY23 GDP.
Damani Strikes Gold In Discount Game
D'Mart's founder keeps a razor-sharp focus on costs to create wealth in the highly-competitive grocery segment.
Avenue Supermarts shares fall 4% on weak Q1; what should investors do?
ICICI Securities has maintained a ‘Hold’ rating on Avenue Supermart post Q1FY24, while Prabhudas Lilladher and JM Financial have assigned ‘Buy’ ratings.
DMart stock plunges 6% post Q3 results
The Radhakishan Damani-led value retailer reported revenue of ₹11,569 crore for the quarter ended December.
Fortune India Rich List 2022: The 10 Richest
Adani Group’s Gautam Adani is India’s richest man, followed by Mukesh Ambani and Shapoor Mistry & Cyrus Mistry Family at second and third positions.
Top 10 Richest Indians
The top 10 of India’s richest control ₹31.71 lakh crore ($397 billion) of wealth among the $832 billion (₹66.36 lakh crore) managed by 142 dollar billionaires
