Radhakishan Damani stock: In the current session, shares of the firm were trading at Rs 282.65 against the previous close of Rs 283.20. Market cap stood at Rs 4,801 crore.
Veteran Dalal Street investor Radhakishan Damani has generated stellar returns from his investments in National Stock Exchange of India (NSE) over the past five years.
Seasoned Dalal Street investor Radhakishan Damani took a hit of more than Rs 310 crore in Trent shares plunged 11 per cent during the trading session.
The DMart stock fell 3.81 per cent to hit a low of Rs 4,225 on BSE, trimming its 2025 gains to 18.73 per cent. Damani’s net worth stood at $20.1 billion, placing him 112th among the world’s richest individuals.
DMart shares: MOFSL expects pricing competition to remain intense over the near term, which could weigh on both growth as well as margins for DMart in the interim.
DMart Q4 results preview: RK Damani-promoted Avenue Supermarts is set to announced its results for the quarter and financial year ended on March 31, 2025 on Saturday, May 03.
Shares of DMart soared 12.33 per cent to hit a high of Rs 4,064.15 on BSE. Despite this, the stock is up a mere 5 per cent in the past one year.
The Indian stock market's spectacular growth brought in 12 new entrants to the market. Among these newcomers, 38% come from established publicly listed companies, while the remaining 18 are emerging from the startup sector.
DMart stock: Centrum Broking said a subdued discretionary spending and competitive pressure led to the muted Q2 results. The brokerage tweaked its earnings estimates but said it has upgraded the stock to 'Buy' after the recent price correction.
DMart shares: ICICI Securities said Q2 revenue revenue growth at 14 per cent YoY was lowest in a quarter ever. It said like-for-like (LFL) growth came in at 5.5 per cent against high-single digits earlier.