BUY BANKNIFTY 35100 PE ABOVE 340 TRG 550-850 SL PAID

BUY BANKNIFTY 35100 PE ABOVE 340 TRG 550-850 SL PAID | Neal Bhai Reports, INDIA

Avenue Supermarts Ltd. (DMart) reported a muted Q1 FY22 impacted by Covid.

Steep costs control and healthy revenue growth in e-commerce were key positives. The second wave is likely to haunt marginally in Q2 FY22. This we believe to be transitionary. Its business fundamental remains robust.

Food and grocery division remains the biggest value migration play in retail (low-single digit organised share). DMart has aced the offline retail via its execution prowess.

It is among the few to have profitably mastered the game via its locations and ‘Every Day Low Cost/Every Day Low Price’ focus, which has created a virtuous network loop.

BUY BANKNIFTY 35100 PE ABOVE 340 TRG 550-850 SL PAID via @goldsilverrepor
  • Save

Leave a Comment

191 views
Share via
Copy link