Avenue Supermarkets

Goldman Sachs cuts target price for DMart to Rs 3,425 from Rs 4,000 citing competitive pressure

Goldman Sachs has maintained its ‘Sell’ rating on Avenue Supermarts (DMart) while reducing the target price to ₹3,425 from ₹4,000, citing increasing competitive challenges and a lack of differentiation in key market segments.

DMart’s revenue up by 46% to ₹9,065 crore in Q3 FY21-2022

Promoted by Radhakishan Damani and his family, DMart retails basic home and personal products across markets.

DMart’s net profit rises 16% YoY & revenue by 11% in Q3 results

Dmart shares trade contrary to Q1 results in Financial Year 2021

Avenue Supermarts led DMart posted a fall in profits to Rs. 40 crore. This has not been an impact on its share prices.