Notwithstanding lower growth rates recorded in the first quarter (Q1) of 2023-24 (FY24), which spanned from April to June, footwear stocks have seen some gains in the past two trading sessions. Bata India saw an increase of approximately 5 per cent, driven by positive expectations surrounding a potential tie-up in the sports/athleisure segment. This development is viewed favourably due to the segment s higher growth rates.
The billionaire investor’s Avenue Supermarts, which operates the well-known hypermarket chain DMart, is a strong player in a tough space. Here's what he is doing right.
Billionaire investor Radhakishan Damani-promoted Avenue Supermarts, which operates hypermarket chain DMart, is a strong player that rules the value segment - Issue Date: Dec 11, 2022