Axis Securities Backs Eternal, D-Mart Among July Top Picks With Up To 36% Retail Upside
Axis Securities' July 2026 top picks lean on retail-relevant names: Eternal (Zomato) at 36% upside as quick commerce turns EBITDA-positive, Avenue Supermarts (D-Mart) at 20% target, plus Varun Beverages, Nestle India and LG Electronics on premiumisation and rural distribution gains. QC order value seen at $3B by 2030.
Axis Securities' July 2026 top picks include retail-relevant names: Eternal (Zomato) at 36% upside on quick commerce turning EBITDA-positive, D-Mart operator Avenue Supermarts at 20%, Varun Beverages, Nestle India and LG Electronics on premiumisation and rural distribution gains.