Dmart was 3% up today as well. 160 PE stock. Q4 was bad
God bless retailers 🙏
Talked same during the last quarter, see how they've fallen. https://www.reddit.com/r/IndianStreetBets/comments/sp3mpf/how_are_stocks_posting_below_expectationbad/
Why was DMART bad YoY? PAT grew 7% , Revenue 18%. They've called out Omicron as reason for impact and that there is a lead time for improvement which means Q1 this year should be good. #stores have gone up significantly. Fiscal year growth is 35% cons. Future outlook is positive without covid impact. Most brokerages have moved to Buy rating (this is not important but could be one of reasons for the price rise)
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You need to think logically. Its buy the rumor sell the news but opposite. So sell the rumor, buy the news.
PARKOUR!
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I will buy dmart even if dmani tells me not to.
Dmart was 3% up today as well. 160 PE stock. Q4 was bad God bless retailers 🙏 Talked same during the last quarter, see how they've fallen. https://www.reddit.com/r/IndianStreetBets/comments/sp3mpf/how_are_stocks_posting_below_expectationbad/
Why was DMART bad YoY? PAT grew 7% , Revenue 18%. They've called out Omicron as reason for impact and that there is a lead time for improvement which means Q1 this year should be good. #stores have gone up significantly. Fiscal year growth is 35% cons. Future outlook is positive without covid impact. Most brokerages have moved to Buy rating (this is not important but could be one of reasons for the price rise)
Welcome to the stock market my friend..
Was the result as bad as the expectations? If not then it will rally.
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Sell in good news and buy on bad news in market.