Broker call▲ Bullish for DMart
Avenue Supermarts gets its two highest share price targets from CLSA, Bernstein after Q2 update
The brief
- Avenue Supermarts added 15 stores, versus eight in the year-ago period
- Its total store count reached 518
- Store expansion may support Avenue Supermarts’ growth prospects
- Here's why V2 Retail shed 19%; DMart slipped 4% to near 52-wk low on Monday
- Buzzing Stocks: HDFC Bank gains 2% on MD & CEO appointment; D-Mart slips 3% as Citi retains 'sell' rating
- Stock Picks Today: IndiGo, Nykaa, ITC, Bajaj Finance, DMart And More On Brokerages' Radar
- Q2 Earnings This Week: TCS, DMART, Rentomojo, Anand Rathi Wealth among key companies to watch
- DMart’s small-town signal: 2 value retail stocks riding India’s next demand wave
DMart Q2 standalone revenue rises 18.4% to ₹19,206 crore; store count reaches 518
Monday, 5 October
- Avenue Supermarts gets its two highest share price targets from CLSA, Bernstein after Q2 update