The stock of India's largest listed pure-play retail company, Avenue Supermarts (DMart), has slipped over 10 per cent from its monthly highs. A weak operational performance in the fourth quarter (January-March) of financial year 2024-25 (Q4FY25) and muted near-term outlook due to intense competitive pressures and higher costs could lead to downward momentum on the stock. While the stock dipped by 3.44 per cent in early trade on Monday, it recovered a bit to close 1.07 per cent lower at 4,017.
'Young investors should focus more on equity, while retired senior citizens should prioritise fixed income.' 'Mid-career investors should aim for a balanced allocation.'
'This isn't a post about Dimple's talent though she has that in spades, it's about the little I saw of her character. During a very difficult phase in my life she was one of a mere handful of people who publicly stood by me.'
Retail companies are expected to witness a tepid strong same-store sales growth (SSSG) expansion in the third quarter (October - December) of the current financial year (Q3FY24) on the back of subdued sales in the festival season. The third quarter of the financial year typically witnesses higher sales since it coincides with the festival season. This time around, weak customer sentiment has dragged down SSSG.
Investors need to evaluate how they stack up against other high credit quality fixed-income options before putting money in them.
'Rajji laughed. "What will I do with you convent girls and your two left feet?" he exclaimed.'
The country's largest listed footwear brand by market capitalisation, Metro Brands, posted better than expected December quarter results for the 2022-23 financial year (FY23), riding on store expansion and strong same store sales (SSS) growth. Profitability too remained robust, even as net profit growth was marginally lower. The company, which retails across the Metro, Mochi, Walkway, Crocs and Fitflop formats, posted a 24 per cent growth in revenues over Q3FY22.
Shetti said the SSS had committed a "grave mistake" by extending support to the NDA.
New CAT convenor, Prof SSS Kumar of IIM Kozhikode, lists his priorities for CAT 2012.
Getting locked into instruments before the new regime kicks in would be a good strategy.
Robust same store sales, margin growth mark June quarter.
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As a well-wisher of the Indian Statistical System and part of the system for more than 37 years, Sunil K Sinha, former DG and CEO of NSSO, offers suggestions to improve data quality.
Ramdas Athawale-led Republican Party of India on Wednesday gave an "ultimatum" till Thursday afternoon to Shiv Sena and Bharatiya Janata Party to allocate at least 18 seats to smaller constituents of 'Mahayuti', saying the party will have a rethink on its continuation in the rainbow alliance should the saffron partners failed to oblige to their demand.
The Swabhimani Shetkari Sanghatana has joined the saffron alliance in Maharashtra. Will the votes it brings to the table loosen the political hold of the entrenched Maratha-dominated sugar barons of the NCP-Congress in western Maharashtra?
The BJP may emerge as the single largest party post parliamentary elections and will have to seek support of allies, he said.
Given the school break, this is the peak travel season and companies catering to the 'friends and family' segment are expected to gain.
The 65-year-old passed away at around 8 pm at the All India Institute of Medical Sciences trauma centre which has been converted into a dedicated COVID-19 facility, sources at the hospital said.
Gifts for International Women's Day don't have to be pricey or luxurious - it's about surprising your favourite ladies and letting them know you're happy to have them in your life. Check out some of the best collection of SSS Gifts (Silver, Solitaire and Swarovski) in Rings, Pendants and Earrings.
Braving threats from conservatives and the tough terrains of the hillock, K B Valsala Kumari, then collector of Pathanamthitta district, visited the temple complex at least four times during 1994-95.
Apart from a pavilion of vintage cars, there will be a Bollywood corner
Santosh Kaveri, a young inventor from Karnataka, is a sterling example of the 'Made In India' initiative. Find out why his dreams of being an innovator-enterpreneur shattered.