4052.1000 -1.75 (-0.04%)
NSE Apr 09, 2025 10:38 AM
Volume: 85,382
 

4052.10
-0.04%

Avenue Supermar

JM Financial
Investor Meet 2018: Simplicity is the best policy Some pearls of wisdom' from DMart's maiden post-IPO management meet: 1) It would be extremely foolish to not leverage the company's best-in-class cost efficiencies to offer the best prices to consumers and ring-fence them. If competitors cut prices, DMart will cut even more. 2) Inflation is good for consumer businesses as it provides higher value-growth' and lends some sort of leverage and margin support. 3) Retail opportunity in India is so large ($616bn in FY16, set to rise to $960bn by FY20; DMart is yet to set up shops in states that account for c.45% of the country's retail spends) that there is no point worrying about...
Avenue Supermarts Ltd. is trading below its 200 day SMA of 4242.0
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