D-Mart Gets 'Buy on Dips' Call With ₹5,270 Target as Broker Bets on 17-20% Revenue CAGR
Brokerage reiterates Buy on Avenue Supermarts (CMP ₹4,056) citing sustained 17-20% revenue CAGR, 14-15% network expansion, and 10.8% mature store growth. D-Mart Ready investment, GST 2.0 pass-through to customers, and expected recovery in General Merchandise and Apparel underpin the long-term thesis despite muted Q4FY26 revenue growth of 9% YoY.
Broker issues 'Buy on Dips' on D-Mart with ₹5,270 target, citing consistent 17-20% CAGR, store expansion, D-Mart Ready investment, GST 2.0 benefits passed to customers, and expected recovery in General Merchandise and Apparel segment.