₹4657.1
0.90%
Low
Day's Volatility:4.35%
High
3.45%
28.02%
Low
52 Weeks Volatility:33.02%
High
5.00%
Returns % | |
1 Month Return | 6.94 % |
3 Month Return | 28.47 % |
1 Year Return | 38.42 % |
Market Stats | |
Previous Close | ₹4,797.55 |
Open | ₹4,801.00 |
Volume | 4.62L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹3,12,192.44Cr |
based on 26 analysts
Based on 26 analysts offering long term price targets for Avenue Supermarts Ltd. An average target of ₹4274.96
Source: S&P Global Market Intelligence
Organisation | Avenue Supermarts Ltd |
Headquarters | Thane |
Industry | Retail |
E-voting on shares | Click here to vote |
Key events for Avenue Supermarts Ltd
Insiders at Avenue Supermarts have sold more shares than they bought over the last year, with a notable increase in selling over the past three months. The total value of shares sold by insiders in that time is ₹259m, indicating a bearish sign for the stock.
DMart Stock Gains 46% From 52-Week Low - 23 Apr, 2024
Shares of Avenue Supermarts (DMart) have gained 46% from their 52-week low hit last year, reaching a new high of Rs 4888 today. The relative strength index indicates an overbought zone at 76.3.
Avenue Supermarts Eyes Acquisition of 24Seven Convenience Chain - 17 Apr, 2024
Avenue Supermarts, operator of DMart stores, is reportedly in talks to potentially acquire the loss-making 24Seven convenience chain. Meanwhile, a report suggests that DMart's growth may be slightly impacted by the shift towards quick-commerce for grocery and FMCG purchases.
DMart's Q4 Revenue Jumps 20% - 11 Apr, 2024
Avenue Supermarts' subsidiary DMart reported a 20% YoY increase in Q4FY24 revenue to Rs 12,393.46 crore, driven by store additions and private brand expansion. Experts predict that private brands could contribute up to 20-25% of revenue in the coming years.
Avenue Supermarts Shares Hit 52-Week High After New Store Opening - 10 Apr, 2024
Shares of Avenue Supermarts rose to a 52-week high after the company opened a new store in Bengaluru, taking the total number of stores to 366. The company's Q4 standalone revenue was reported at Rs 12,393 crore, surpassing previous growth rates and driven by same-store sales growth. Analysts from CLSA and Morgan Stanley have assigned buy ratings with target prices ranging from Rs 4,695 to Rs 5,514.
Avenue Supermarts Ltd's ROE and Financial Health Studied - 06 Apr, 2024
Avenue Supermarts' impressive performance has led to a study of its financial indicators, with a focus on return on equity (ROE), earnings growth, and reinvestment of profits.
Avenue Supermarts Valuation Crosses Rs 3 Lakh Crore-Mark on Strong Q4 Results - 05 Apr, 2024
Shares of Avenue Supermarts surged after the company posted a rise of up to 20% in its standalone revenue from operations for the March quarter. The stock gained 12% in three straight sessions and crossed the Rs 3 lakh crore-mark in market valuation.
DMart Shares Surge on Strong Q4 Results - 04 Apr, 2024
Avenue Supermarts Ltd., which operates DMart stores, reported a 20% YoY increase in standalone revenue for Q4 FY24, leading to a surge of over 5% in its share price and crossing the Rs.3 lakh crore market cap mark. Global brokerage firm CLSA initiated coverage with a buy rating and target price of Rs.5,107 per share.
CLSA Upgrades Avenue Supermarts Stock Twice; Reports Strong Q4FY24 Revenue Growth - 03 Apr, 2024
Foreign equity brokerage CLSA has upgraded the stocks of Avenue Supermarts Limited twice in a week, reaffirming its buy call with a target price of Rs 5,514. The company also reported strong Q4FY24 revenue growth, estimating a 19.8% increase to Rs 12,393.5 crore YoY. DMart added 24 stores in Q4 FY24, taking its total store count to 365.
CLSA Raises Target Price for Avenue Supermarts - 02 Apr, 2024
Hong Kong-based brokerage CLSA has raised the target price of Avenue Supermarts Ltd. to Rs 5,514 from Rs 5,307 while maintaining a buy rating. The increase comes after the supermarket chain operator added an all-time high of 21 stores in the March quarter, which should help alleviate investor concerns. The addition is expected to enhance product mix and lead to an improvement in gross margin. Investors are expected to shift focus towards the quarterly sales data.
New Store Openings and Change in Leadership at Avenue Supermarts - 01 Apr, 2024
Avenue Supermarts has opened three new stores in Pune, Bengaluru, and Nashik, taking its total store count to 365. Former SEBI chief Chandrashekhar Bhave has replaced Ramesh Damani as Chairman of the company.
CLSA Raises Target Price for Avenue Supermarts - 28 Mar, 2024
Avenue Supermarts' stock rose over 2% as CLSA raised its target price to Rs 5,307 and maintained a buy rating due to the company's expansion push and store additions exceeding expectations. Analysts believe that rising inflation in palm oil and crude will give the company flexibility to adjust pricing strategies in FY25.
DMart Shares Recovered 36% From 52-Week Low - 27 Mar, 2024
DMart (Avenue Supermarts) shares have recovered significantly from their 52-week low, currently experiencing a strong bullish trend with potential for further gains. The company has also opened three new stores, bringing its total number of stores to 357.
DMart Shares Rise on Bullish Ratings by ICICI Securities and CLSA - 26 Mar, 2024
Avenue Supermarts' stock rises as international brokerage firm CLSA initiates coverage with a buy rating and target price of Rs 5,107. Domestic brokerage ICICI Securities also raises the stock's rating to add from hold and increases its target price to Rs 4,800 per share. Both brokerages cite attractive valuations, limited downside business risk, consistent revenue growth, and healthy profit margins as reasons for their bullish stance.
Fundamentals of Avenue Supermarts Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Revenue Rich
Revenue is up for the last 4 quarters, 10.62K Cr → 13.60K Cr (in ₹), with an average increase of 7.9% per quarter
Profit Spike
Netprofit is up for the last 2 quarters, 623.56 Cr → 690.61 Cr (in ₹), with an average increase of 9.7% per quarter
FII Holding Up
Foreign Institutions have increased holdings from 7.96% to 8.26% in Mar 2024 quarter
Price Rise
In the last 3 months, DMART stock has moved up by 28.5%
MF Holding Up
Mutual Funds have increased holdings from 7.20% to 7.29% in Mar 2024 quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 74.65% of holdings in Mar 2024 quarter
Against Peers
In the last 3 years, Sakuma Exports Ltd has given 489.8% return, outperforming this stock by 419.0%
Against Peers
In the last 1 year, Sakuma Exports Ltd has given 133.1% return, outperforming this stock by 94.6%
Retail Holding Down
Retail Investor have decreased holdings from 8.88% to 8.50% in Mar 2024 quarter
Avenue Supermarts Ltd in the last 5 years
Lowest (85.06x)
May 17, 2019
Industry (-289.18x)
April 24, 2024
Today (128.14x)
April 24, 2024
Highest (251.00x)
October 14, 2021
Funds | Holdings |
Axis ELSS Tax Saver Fund Direct Plan Growth Option | 5.69% |
Axis Bluechip Fund Direct Plan Growth | 5.73% |
SBI Equity Hybrid Fund Direct Growth | 2.22% |
ICICI Prudential Balanced Advantage Fund Direct Plan Growth | 2.19% |
Axis Focused 25 Fund Direct Plan Growth Option | 7.58% |
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 74.65% | 0.00 | |
Foreign Institutions | 8.26% | 0.00 | |
Mutual Funds | 7.29% | 0.00 | |
Retail Investors | 8.5% | 0.00 | |
Others | 1.3% | 0.00 |
Technicals of Avenue Supermarts Ltd share
News & Events of Avenue Supermarts Ltd
Avenue Supermarts Ltd (DMART) share price today is ₹4657.1
Avenue Supermarts Ltd is listed on NSE
Avenue Supermarts Ltd is listed on BSE
PE Ratio of Avenue Supermarts Ltd is 128.14
PE ratio = Avenue Supermarts Ltd Market price per share / Avenue Supermarts Ltd Earnings per share
Today’s traded volume of Avenue Supermarts Ltd(DMART) is 4.62L.
Today’s market capitalisation of Avenue Supermarts Ltd(DMART) is ₹312192.44Cr.
Avenue Supermarts Ltd(DMART | Price |
---|---|
52 Week High | ₹4890 |
52 Week Low | ₹3352 |
Avenue Supermarts Ltd(DMART) share price is ₹4657.1. It is down -4.76% from its 52 Week High price of ₹4890
Avenue Supermarts Ltd(DMART) share price is ₹4657.1. It is up 38.93% from its 52 Week Low price of ₹3352
Avenue Supermarts Ltd(DMART | Returns |
---|---|
1 Day Returns | -140.45% |
1 Month Returns | 6.94% |
3 Month Returns | 28.47% |
1 Year Returns | 38.42% |