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HomeSTOCKSMore Than 10 Experts Said This Share Will Cross ₹5100; Buy Fast...

More Than 10 Experts Said This Share Will Cross ₹5100; Buy Fast To Get 22% Return

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Avenue Supermarts Ltd (NSE: DMART) Shares: Avenue Supermarts Limited shares are the focus. Shares of the company currently trade at Rs 4175.05, down 3 percent compared to Thursday’s opening trade and closed at 4158.

According to market experts, this stock may rise higher over the next few weeks. Brokerage initiated coverage of Avenue Supermarts Limited, with a “Buy” rating. 

The brokerage has set a price target of Rs 5100 on the Avenue Supermarts Limited share. This means that it has risen by 22 percent.

What Did The Broker Say?

Brokerage anticipates that D-Mart will triple its current store count to 341 stores by fiscal year 2034. 

The company’s chains are expanding in both new and existing states. CLSA expects Avenue Supermarts stock to grow in the future based on private labels. 

Eleven of the 26 analysts who track the stock have given it a “buy”, while six have recommended a “hold”. 

Nine analysts rate the stock as “Sell”. Avenue Supermarts’ shares have risen 22 percent over the past 12 months.

Company Business

Dmart sells basic household items and personal care products. It’s owned by Radhakishan and his family. 

Maharashtra is included, as well as Gujarat, Andhra Pradesh and Madhya Pradesh. Karnataka also has a large selection of products, including Telangana.

About Avenue Supermarts

Avenue Supermarts Limited, a company based in India, is involved in organized retailing and operates supermarkets under the D-Mart name. DMart, a supermarket chain in India, offers a wide range of products.

It focuses on food and non-food fast-moving consumer goods (FMCG), general merchandise, and apparel. 

Each DMart store stocks a wide range of home utility products including toiletries, beauty items, clothing, kitchenwares, bed and bathroom linen, and other products. 

DMart has approximately 324 outlets in Maharashtra and Gujarat. It also has a presence in Andhra Pradesh and Madhya Pradesh.

Fundamental Analysis of Avenue Supermarts

Market Cap₹ 2,71,681 Cr.
Current Price₹ 4,158
52-wk High₹ 4,238
52-wk Low₹ 3,300
Stock P/E111.65
Book Value₹ 268
Dividend0.00 %
ROCE20.1 %
ROE16.0 %
Face Value₹ 10.0
P/B Value15.6
OPM8.08 %
EPS₹ 37.4
Debt₹ 630 Cr.
Debt to Equity0.04

Avenue Supermarts Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 3900₹ 4400
2025₹ 4600₹ 4905
2026₹ 5100₹ 5260
2027₹ 5800₹ 6000
2028₹ 6050₹ 6300
2029₹ 6900₹ 7060
2030₹ 7200₹ 7600
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Avenue Supermarts Shareholding Pattern

Promoters Holding
Dec 202274.98%
Mar 202374.93%
June 202374.64%
Sept 202374.64%
Dec 202374.64%
FII Holding
Dec 20228.63%
Mar 20238.17%
June 20238.17%
Sept 20237.67%
Dec 20237.96%
DII Holding
Dec 20227.11%
Mar 20237.49%
June 20237.66%
Sept 20238.25%
Dec 20238.45%
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Govt. Holding
Dec 20220.03%
Mar 20230.03%
June 20230.04%
Sept 20230.04%
Dec 20230.06%
Public Holding
Dec 20229.24%
Mar 20239.37%
June 20239.49%
Sept 20239.41%
Dec 20238.87%

Avenue Supermarts Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 20,005 Cr
2020₹ 24,870 Cr
2021₹ 24,143 Cr
2022₹ 30,976 Cr
2023₹ 48,656 Cr
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Last 5 Years’ Net Profit:

2019₹ 902 Cr
2020₹ 1,301 Cr
2021₹ 1,099 Cr
2022₹ 1,492 Cr
2023₹ 2,433 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190.08
20200
20210
20220
20230

Last 10 Years’ Profit Growth:

10 Years:38%
5 Years:25%
3 Years:22%
Current Year:4%

Last 10 years’ Return on Equity (ROE):

10 Years:14%
5 Years:14%
3 Years:13%
Last Year:16%

Sales Growth Over 10 Years:

10 Years:29%
5 Years:23%
3 Years:20%
Current Year:19%

Conclusion

This article is a complete guide about Avenue Supermarts Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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