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Why did DMart shares skyrocket 15% on Friday?
short by Pragya Swastik / on Friday, 3 January, 2025
Avenue Supermarts (DMart) shares jumped 15% on Friday to ₹4,160.4 per share on BSE following a strong Q3 report and store ramp-up. DMart's standalone revenue from operations grew 17.5% y-o-y to ₹15,565.23 crore, compared to ₹13,247 crore in the same period a year ago. Motilal Oswal maintained a 'Buy' rating on the stock with a target price of ₹5,300/share.
read more at Moneycontrol