One of the country's largest supermarket chains, 200 DMarts operate across India currently
Forbes Real Times Billionaires Index released the list of billionaire in India and the net worth value of their wealth. Here is the list of top 10 billionaires in India.
Damani and family saw their wealth upsurge by close to $96 million as Avenue Supermarts' shares peaked at Rs 2,559 apiece on February 13
Trends on SGX Nifty indicate a negative opening for the broader index in India, with 0.64 percent loss or 70 points. Nifty futures were trading around 10,944-level on the Singaporean Exchange.
The global investment bank expects a growth in sales for consumer companies from 4QFY20E partly driven by softer comps
Trends on SGX Nifty indicate a flat to negative opening for the broader index in India, a loss of 11.5 points or 0.11 percent. Nifty futures were trading around 10,313- level on the Singaporean Exchange.
"The range of 10,300-10,500 levels for the Nifty will be crucial in the current expiry and the move is expected to remain volatile along with negative movement, as indicated by option open interest concentration," says Shitij Gandhi of SMC Global Securities Ltd.
Ashwani Gujral of ashwanigujral.com recommends buying Tech Mahindra with a stop loss of Rs 588, target of Rs 620, a buy on NIIT Tech with a stop loss of Rs 788, target of Rs 825 while a sell call on Century Textiles with a stop loss of Rs 1190, target of Rs 1130.
The company’s revenues rose 23 percent at Rs 4,094.8 crore against Rs 3,339.3 crore year-on-year
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Avenue Supermarts on this correction.
In an interview to CNBC-TV18, Lalit Agarwal, CMD of V-Mart Retail spoke about the latest happenings in the company and sector and also shared his outlook for FY18.
Mitessh Thakkar of miteshthacker.com suggests shorting Fortis Healthcare.
Valuations seem stretched, but lower-than-expected growth momentum in future could give investors some room to identify price corrections before clicking the ‘Buy’ button.
Bangalore-based Flipkart has been valued at a whopping $11.6 billion or nearly Rs 74,800 crore – more than the market capitalisation of all the listed retail companies on the NSE
Ashwani Gujral of ashwanigujral.com recommends buying Tata Motors DVR, Balrampur Chini and Avenue Supermart.
Ashwani Gujral of ashwanigujral.com recommends buying Avenue Supermart on dip with a target of Rs 850 while Capital First may hit Rs 900.
According to Ashwani Gujral of ashwanigujral.com, one can buy Havells India, Indian Oil Corporation and Inox Wind.
Ashwani Gujral of ashwanigujral.com recommends buying NBCC, MOIL and Bharat Petroleum Corporation.
Ashwani Gujral of ashwanigujral.com recommends buying Capital First, Century Textiles and TVS Motor Company.
Ashwani Gujral of ashwanigujral.com suggests buying PVR, DCB Bank and JM Financial while he feels that M&M Financial may test Rs 380.
Himanshu Nayyar, VP-Consumer & Retail at Systematix Shares & Stocks likes Aditya Birla Fashion over Arvind.
Analysts cite customer acquisition models, store ownership, promoter background, among other as its strengths. However, discounts, manpower intensive business, discount war among others could be the key risk.