Dmart

Despite reporting robust quarterly numbers, find out why the company's shares are under pressure.

Noida Police on Tuesday said they have arrested six members of a cyber gang which allegedly created fake websites of D-Mart, Big Basket, Big Bazaar and duped people of crores of rupees.

Indian billionaire Radhakishan Damani's discount supermarket chain, DMart, plans to boost its store count fivefold as it seeks to grow market share and hold its own against aggressive expansion from the likes of Mukesh Ambani's Reliance Retail Ltd.

In this article, we share a list of 5 debt free and fundamentally strong companies that are worth tracking.

CEO of Avenue Supermarts Limited Ignatius Navil Noronha has become a billionaire professional manager after his wealth grew manifolds

Avenue Suparmarts - owner and operator of retail chain DMart, reported a net profit of Rs 418 crore on a consolidated basis, compared to Rs 199 crore in the corresponding month last year

Avenue Supermarts reported a better-than-expected 16 per cent year-on-year rise in consolidated net profit at Rs 447 crore for the December quarter as against a profit of Rs 384 crore in the same quarter last year

Happiest Minds outperformed IRCTC and DMart, which had delivered returns of just a little over 100 per cent on debut.

As 21-day lockdown comes into effect, e-commerce platforms have issued statements to give more clarity to their customers.

Since its earnings for the first quarter of financial year 2019-20, DMart shares have risen 41.01 per cent as of Friday's close.

The offer comes at a nominal rate of Rs 800 per day, along with lunch and dinner at Rs 75 a plate each and breakfast for Rs 30.

This was led by 66 per cent year-on-year decline in interest expenses and increase in other income to Rs 21.2 crore in quarter versus Rs 8 crore in the first quarter of 2018, the company said.

D-Mart, which was not a publicly traded firm in the year-ago period, had a net profit of Rs 118.44 crore.

With the listing at a premium of over 114 per cent, the shares controlled by 61-year-old Damani, including through his family members and investment firms, are now worth a stellar $5.1 billion.

D-Mart shares surged as much as 117 per cent to Rs 648.8 on the first day of listing against the issue price of Rs 299.

Despite reporting robust quarterly numbers, find out why the company's shares are under pressure.

Noida Police on Tuesday said they have arrested six members of a cyber gang which allegedly created fake websites of D-Mart, Big Basket, Big Bazaar and duped people of crores of rupees.

Indian billionaire Radhakishan Damani's discount supermarket chain, DMart, plans to boost its store count fivefold as it seeks to grow market share and hold its own against aggressive expansion from the likes of Mukesh Ambani's Reliance Retail Ltd.

In this article, we share a list of 5 debt free and fundamentally strong companies that are worth tracking.

CEO of Avenue Supermarts Limited Ignatius Navil Noronha has become a billionaire professional manager after his wealth grew manifolds

Avenue Suparmarts - owner and operator of retail chain DMart, reported a net profit of Rs 418 crore on a consolidated basis, compared to Rs 199 crore in the corresponding month last year

Avenue Supermarts reported a better-than-expected 16 per cent year-on-year rise in consolidated net profit at Rs 447 crore for the December quarter as against a profit of Rs 384 crore in the same quarter last year

Happiest Minds outperformed IRCTC and DMart, which had delivered returns of just a little over 100 per cent on debut.

As 21-day lockdown comes into effect, e-commerce platforms have issued statements to give more clarity to their customers.

Since its earnings for the first quarter of financial year 2019-20, DMart shares have risen 41.01 per cent as of Friday's close.

The offer comes at a nominal rate of Rs 800 per day, along with lunch and dinner at Rs 75 a plate each and breakfast for Rs 30.

This was led by 66 per cent year-on-year decline in interest expenses and increase in other income to Rs 21.2 crore in quarter versus Rs 8 crore in the first quarter of 2018, the company said.

D-Mart, which was not a publicly traded firm in the year-ago period, had a net profit of Rs 118.44 crore.

With the listing at a premium of over 114 per cent, the shares controlled by 61-year-old Damani, including through his family members and investment firms, are now worth a stellar $5.1 billion.

D-Mart shares surged as much as 117 per cent to Rs 648.8 on the first day of listing against the issue price of Rs 299.