India's DMart stores operator jumps 10% on upbeat Q3 revenue

Avenue Supermarts

03/01/2025 03:59

** Shares of DMart stores operator Avenue Supermarts Ltd
 AVEU.NS  jump 10% to 3,972.20 rupees
    ** Stock set for best day since May 2022, if gains hold
    ** AVEU on Thursday said its Q3 standalone rev grew 17.5% to
a record 155.65 billion rupees
    ** Analysts tracking AVEU rate it "hold" on avg vs "buy" for
Tata-owned Trent  TREN.NS  - data compiled by LSEG 
    ** AVEU dropped 13% in 2024, while TREN more than doubled


 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))