New Delhi, April 7 -- The share price of Avenue Supermarts (DMart), India's retail sector giant, has rallied over the past month. While the broader markets fell, the stock surged from Rs.3,800 to Rs.4,200 during the period.
Avenue Supermarts operates the DMart supermarket chain, founded by Radhakishan Damani. It follows a low-cost, high-efficiency retail model with strong margins.
Here are some key factors that may influence the stock's trajectory:
The company on 1 April said that it has crossed the 500-store milestone, highlighting strong expansion momentum. The addition of multiple stores in a short span has signalled a return to faster growth, easing earlier concerns about slowdown.
Investors view store expansion as a key driver of...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.