National · National
Avenue Supermarts share price target after Q2 results: What's next for DMart? Motilal Oswal, ICICI Securities say this
Source: Livemint — Markets · 21 hr ago
Summary
Avenue Supermarts’ shares dropped about 5% to a new 52‑week low after its second‑quarter results showed higher profit but softer margins and reduced free cash flow. Motilal Oswal kept a neutral stance with a price target of ₹3,925, while ICICI Securities maintained a hold rating and set a target of ₹3,700.
AI-generated summary. Verify important details at the source.
From the original report
Avenue Supermarts shares fell nearly 5% to a fresh 52-week low after Q2FY27 results showed profit growth but weaker margins and free cash flow. Motilal Oswal retained Neutral with a ₹3,925 target, while ICICI Securities maintained Hold with a ₹3,700 target.
Excerpt from Livemint — Markets.
ScanSeva shows summaries and short excerpts only and always links to the original publisher.
More like this
National · National
The Hindu Downtown announces MoC Kolu Kondattam 2026 contest
The Hindu Downtown is launching the Made of Chennai Kolu Kondattam 2026 contest, inviting residents to submit photographs of their Navaratri Kolu displays and a personal photo, with the option to add a short video. Participants can upload up to three images of their arrangements, and entries will be judged on theme, creativity, presentation and overall appeal. Winners will be chosen from the submissions that best combine imaginative design with the traditional spirit of the festival.
The Hindu · 10 hr ago
National · National
Investigation reveals collection of ‘party fund’ during Anbil Mahesh Poyyamozhi’s tenure as School Education Minister, CCB tells Madras High Court
A counter‑affidavit submitted to the Madras High Court says that a police investigation has uncovered evidence of a “party fund” being collected while Anbil Mahesh Poyyamozhi was serving as School Education Minister. The document was filed in response to the former minister’s request to have the FIR against him dismissed.
The Hindu · 10 hr ago
National · National
VCK tries to pre-empt TVK’s potential bid to rope in PMK
The Viduthalai Chiruthaigal Katchi (VCK) warned it would leave the ruling Secular Social Justice Victory Alliance if the Pattali Makkal Katchi (PMK) were brought into the coalition. VCK leader Thol. Thirumavalavan criticized the PMK and other parties, saying their supporters would never vote for an alliance that includes VCK. The PMK, meanwhile, reiterated its commitment to the National Democratic Alliance and denied any intention to join the TVK‑led government.
The Hindu · 10 hr ago
National · National
Demand for Crude Oil May Have Peaked Last Year, FGE Says
FGE NexantECA says that global demand for crude oil may have reached its highest point in 2025, with further growth being limited as biofuels take on a larger share of fuel consumption. The shift toward renewable fuels is reducing the need for additional crude oil, suggesting a plateau in the market.
Livemint · 10 hr ago
National · National
Nominations open for 25th CavinKare Ability Awards 2027
CavinKare and the Ability Foundation have opened nominations for the 25th edition of their awards that recognize notable achievements by people with disabilities in India. Individuals can submit entries online by the end of October, and winners will receive monetary awards, a formal acknowledgment and a trophy. The program includes a top‑level award for exceptional impact and three additional awards for distinguished performance in various fields.
The Hindu · 10 hr ago
National · National
Karnataka gets its second woman Governor with appointment of Sudha Yadav
Sudha Yadav has been appointed as the new Governor of Karnataka by President Droupadi Murmu. She becomes the second woman to hold the position in the state, following V.S. Rama Devi. The appointment was announced alongside similar gubernatorial changes in five other states.
The Hindu · 10 hr ago