Dmart Results Sep 2019 | Avenue Supermarts Results

Dmart Avenue Supermarts, popular hypermarkets chain founded by Mr Radhakishan Damani and currently has around 190 stores in different parts of India.

This time also Dmart reported a better than expected result with both standalone and consolidated PAT growth at 47% beating most of the largecap stocks.

Revenue grew by 22%, PBDT 3 and 29% respectively and EPS by 47 and 49%.

Stock also fared well in last 1 year time with a gain of 37% and currently in good trend with ADX at 42 and Macdd at 71.

But P/E ratio of Dmart stock is 111.