Avenue Supermarts’ growth momentum likely to continue for next 2-3 quarters at least, say analysts…READ MORE
KEEP READINGWe did have a difference of opinion as to how the store should be; Damani was of the view that it should be very low cost…My view was that we are beyond a supermarket, Maheshwari said…READ MORE
KEEP READINGDamani raced past Anil Agarwal, Anil Ambani and Rahul Bajaj to become the 17th richest Indian largely based on the first-day performance of Avenue Supermarts, Bloomberg and ET data analysis shows…READ MORE
KEEP READINGAccording to brokers, grey market prices are pointing to a strong listing of Rs 550 per share for Avenue, considered more profitable than most of its peers in the Indian retail sector…READ MORE
KEEP READINGDMart bucked trend in India by choosing a cluster approach for densely populated residential areas…READ MORE
KEEP READINGShares of V-Mart Retail have witnessed an upsurge in investor interest ahead of the initial public offering of Avenue Supermarts which operates retail supermarket chain DMart. The stock has jumped 53% to hit a record high of `759.85 on Thursday…READ MORE
KEEP READINGET Intelligence Group: Investors are eagerly waiting the IPO of Avenue Supermarts, which runs the most profitable supermarkets chain in the organised segment under the brand DMart. Not only is it the first IPO in the country’s retail sector since 2007, but its promoter Radhakishan Damani, is considered the guru of markets. The company has recently filed the draft red herring prospectus (DRHP) with markets regulator Sebi…READ MORE
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