Avenue Supermarts Ltd.’s revenue rose but same-store sales declined for the quarter ended June 30. Standalone revenue for the operator of DMart retail chain almost doubled over the year earlier to Rs 9,806.89 crore in April-June, according to the company’s quarterly business update released on the stock exchanges. Both Q1 FY22 and Q1 FY21 were … Read more
Here’s what went on at Startup Street in June. .
Santosh Joseph: I am sorry to disappoint you, we are going to go towards some sort of consensus here. I think the way the SEBI is structured now the application of new fund offers and even the launch of new fund offers, there is little leeway in terms of what an AMC can do but … Read more
India’s decision to increase export duty on petroleum products will have a limited impact on Reliance Industries Ltd. even as the move implies a downside risk for the sector multiples, according to analysts. Oil India Ltd. and Oil and Natural Gas Corp. are likely to take a hit on earnings for fiscal 2023, according to … Read more
Stocks in the news, big brokerage calls of the day, complete trade setup and much more! .
Shares of Mahindra & Mahindra Ltd. jumped to a record high as analysts reiterated their ‘buy’ calls on the automaker after the launch of a new sport utility vehicle. The company launched Scorpio-N starting at Rs 11.99 lakh, according to an exchange filing on Monday evening after market hours. The vehicle is available in five … Read more