Broker call▼ Bearish for DMart
DMart falls 6.7% as Citi, Goldman retain sell call
The brief
- Avenue Supermarts shares fell 6.7% on Monday amid competitive and valuation concerns
- Citi and Goldman Sachs retained sell calls
- DMart’s decline directly affects Avenue Supermarts investors
- Citi upgrades ITC to Buy from Sell, citing favourable risk-reward
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