Avenue Supermarts Ltd, owns and operates the DMart chain of supermarkets, is seeing its business improve gradually. While the June quarter (Q1FY25) results don’t offer much excitement, the worst seems to be over on the gross margin front. Standalone gross margin expanded year-on-year for the second straight quarter in Q1, […]

Domestic brokerage house Motilal Oswal Financial Services (MOFSL) has revised its target price for silver, recommending a ‘buy on dips’ strategy. In a recent note, MOFSL set a new target price of ₹1,25,000 from a 12-15 month perspective, reflecting increased confidence in the precious metal’s performance. Silver, traditionally considered a […]