RIL, TCS among top 10 stock holdings of Axis Mutual Fund – Portfolio Watch
The fund house has 87 mutual fund schemes. Here are its top 10 stock holdings, according to a report by Motilal Oswal Financial Services. Source link
avenue supermarts
DMart Q3 results: Consol PAT up 17% YoY to Rs 691 crore, revenue sees similar growth
MUMBAI – Avenue Supermarts Ltd reported strong numbers for the quarter ended December, with the consolidated net profit rising 17% year-on-year (YoY) to Rs 690.61 crore. Consolidated revenue from operations at Rs 13,572.47 crore too, increased by more than 17% from the year-ago period. Earnings before interest, taxes, depreciation and amortization or EBITDA during the … Read more
Hot Stocks: Brokerages view on D-Mart, ICICI Prudential Life, HDFC Life and Paytm
Also, Macquarie maintained a neutral stance on HDFC Life and Goldman Sachs recommended a buy on Paytm. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on Avenue Supermarts (D-Mart): Hold| Target Rs 3850 Jefferies maintained a hold rating on Avenue Supermarts (D-Mart) but raised the target … Read more
QIA to invest $1 billion in Reliance Retail Ventures
Mumbai|Kolkata: Qatar Investment Authority (QIA) agreed to invest ₹8,278 crore ($997 million) in Reliance Retail Ventures (RRVL) at an equity valuation of ₹8.2 lakh crore ($100 billion), making it the single largest investment by the sovereign wealth fund of the gas-rich country in India. RRVL, the holding company of Reliance Retail Ltd (RRL), had diluted … Read more
Hot Stocks: Brokerages view on Federal Bank, HDFC Bank, Avenue Supermarts and Bandhan Bank
Brokerage firm Citigroup has a buy rating on Federal Bank, Jefferies maintains a buy rating on HDFC Bank, Morgan Stanley recommends an Equal-Weight rating on Avenue Supermarts and Nomura maintains a buy rating on Bandhan Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citigroup on Federal … Read more
MF Tracker: LIC, Damani’s Avenue Supermarts among top largecap stocks sold in May
Franklin Templeton Asset Management sold 0.1% of its holding in LIC last month, while Union Mutual Fund exited the company by selling all its holdings. One other D-Street favourite that was dumped by MFs was Radhakishan Damani’s Avenue Supermarts. Indiabulls Mutual Fund, Union Mutual Fund, and Groww Mutual Fund were sellers in the D-Mart retail … Read more
Next few months should be good for sugar stocks: Sandip Sabharwal
“So, next few months should be good for sugar stocks. The key we will need to watch out subsequent to this and the start of the next sugar season is given that there are elections next year,” says Sandip Sabharwal, asksandipsabharwal.com.You have been tracking the prospects of sugar pretty closely. Just wanted to understand what … Read more
DMart Q4 Results: Net profit rises 8% YoY to Rs 505 crore; misses estimates
Radhakishan Damani-owned Avenue Supermarts, which runs the DMart chain of retail stores, today reported 8.33% YoY rise in March quarter standalone net profit at Rs 505.21 crore. The company’s revenue jumped 21.11% YoY to Rs 10,337.12 crore. While the topline was in-line with analyst estimates, as shown in an ET Now poll, PAT came in … Read more
Avenue Supermarts Q3 revenue rises 25% YoY, but pace of growth slows down
Radhakishan Damani-owned ’ revenue growth slowed down on a sequential basis in the quarter ended December, even though the company posted a double-digit rise in the topline. The company, which operates D-Mart chain of supermarkets, saw revenue rising 25% year on year (YoY) in the period of October-December to Rs 11,305 crore, according to the … Read more
Not out of the woods! Why this RK Damani stock is still below its pre-Covid levels
New Delhi: Dalal Street veteran Radhakishan Damani has earned the big bucks in stocks over the years from value investing and his multibagger brain chain or popularly known as DMart. However, the ace stock-pickers portfolio is still trading below its pre-Covid highs and interestingly, Damani holds more stake in this stock than promoters of the … Read more