Stock specific angle for Dmart's success First of all, I would congratulate you all for taking first step by coming to this blog to check my analysis of Avenues Supermart, i.e Dmart. For somewhat experienced people; you can directly go to the bottom of the page to read the finer points responsible for Dmart's success; and for newbies you can go through the introduction. What is Dmart? Dmart is the brand name of supermarket chain Avenue Supermart: founded by Radhakishan Damani Ji. Dmart with ts 140 branches has its presence in Maharashtra, Gujarat, AP, Telangana, Karnataka, MP, Chhattisgarh, Rajasthan, NCR, Tamil Nadu, Daman-Diu & Punjab. It is one of the largest & most profitable supermarket chain in India. Now coming straight to stock specific angle - The floor price for Dmart IPO was Rs. 295-299, and it it got listed on 21st March 2017 with massive gain of Rs. 349.5 (awesome 117% - just in 11 days); and as of dt 8/12/2017 stock is trading at 1130.
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Showing posts from December, 2017