Very few companies — even those with strong economic moats — manage to register growth of more than 20% each year. But Avenue Supermarts, which runs DMart, is truly an outlier. It continues to clock impressive performance. Net sales and profit growth of 24.36% and 40.39%, respectively, in the first half of FY20 reflects that the company has been immune to the consumption slowdown in the country. A combination of everyday discount strategy and a lean business model has helped the company to clock stellar numbers in each quarter. No surprises then that analysts and investors contin
DMart CEO Neville Noronha sells stock worth Rs.514 million
As DMart’s stock continues to rally, CEO Neville Noronha sells shares worth ₹514 million
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