Diabytes
DMart News
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The NSE holding is currently DMart founder Radhakishan Damani's second-largest investment by value and is only behind Avenue Supermarts (DMart) he established.
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D-Mart releases Q2 FY24 report.
It reports the decline of net profit from the last year.
Basic Earnings Per Share (EPS) pegs at Rs 10.12, a minor decline from the preceding year.
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Noronha, 47, has now surpassed Rs 7,744 crore in net worth, making him India's richest professional manager.
Noronha currently owns 13.13 million shares, or 2.03 percent of the firm.
Naronha amassed his fortune thanks to a 19-fold increase in the value of Avenue Supermarts' stock.
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In 2021, he saw a surge of 30% in his wealth.
Damani runs a hypermarket chain under the name DMart.
The Mumbai-based retailer runs over 200 DMart stores across the country.
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The offer comes at a nominal rate of Rs 800 per day, along with lunch and dinner at Rs 75 a plate each and breakfast for Rs 30.
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