Radhakishan Damani portfolio stock Avenue Supermarts surges 10% after Q3 business update | Stock Market News

Radhakishan Damani portfolio stock Avenue Supermarts surges 10% after Q3 business update | Stock Market News

Source: Live Mint Avenue Supermarts share price surged 10 per cent in the opening trade on Friday, December 3, following a strong business update for the third quarter of the financial year 2024-2025 (Q3FY25). The company said its standalone revenue from operations in the recently concluded quarter stood at ₹15,565.23 crore, which is higher than…

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For DMart, quick commerce threat comes to the fore

For DMart, quick commerce threat comes to the fore

Source: Live Mint Avenue Supermarts Ltd’s shares fell over 8% on Monday after its September quarter (Q2FY25) earnings missed expectations and concerns rose on growth prospects amid intensifying competition from quick commerce companies. Avenue runs the DMart supermarket chain. Standalone Ebitda margin in Q2 dropped 27 basis points year-on-year to 7.9%, which was below analysts’…

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