Avenue Supermarts: Rich valuation, weak revenue make brokerages cautious on Dmart parent
Updated: 05 Aug 2022, 03:48 PM IST
TL;DR.
- Motilal Oswal Financial Services has a 'neutral' call on the stock with a target price of ₹3,740, implying a 12% downside in the stock price from the current market price.
Axis Capital also has a 'reduce' call on the stock with a target price of ₹4,000. The brokerage firm said that most positives are already priced in the stock. Photo: Pixabay