TheScreener - Avenue Supermarts Ltd. (DMART) AVENUE SUPERMARTS sees a downgrade to Slightly Negative on account of less fundamental stars

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AVENUE SUPERMARTS sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of AVENUE SUPERMARTS (IN), active in the Food Retailers & Wholesalers industry. As regards its fundamental valuation, the title now shows 2 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date December 17, 2021, the closing price was INR 4,697.80 and its target price was estimated at INR 3,923.23.

18/12/2021 6 EN

Underlying

Avenue Supermarts Ltd.

Avenue Supermarts Limited is an India-based company, which owns and operates DMart stores. DMart is a supermarket chain that offers customers a range of home and personal products under one roof. Each DMart store stocks home utility products, including food, toiletries, beauty products, garments, kitchenware, bed and bath linen, home appliances and others. The Company offers its products under various categories, such as bed and bath, dairy and frozen, fruits and vegetables, crockery, toys and games, kids apparel, ladies garments, apparel for men, home and personal care, daily essentials, grocery and staples, and DMart brands. DMart has a presence in over 110 locations across Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana and Chhattisgarh. The Company has multiple stores in cities, such as Mumbai, Ahmedabad, Baroda, Bengaluru, Hyderabad, Pune and Surat.

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INE192R01011 National Stock Exchange of India India

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AVENUE SUPERMARTS sees a downgrade to Slightly Negative on account of less fundamental stars

Empowering Investors

Avenue Supermarts Ltd: 4 directors

MOSL : AVENUE SUPERMARTS: Store additions healthy but demand environment subdued

MOSL: AVENUE SUPERMARTS: To focus on growth, expand the e-commerce business

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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