Axis Securities has retained its BUY call on Avenue Supermarts, the operator of the D-Mart chain, but cut its target price to Rs 4,210 from Rs 4,845 after a September quarter in which sales held up

Research house Geojit Investments has reiterated a BUY recommendation on Avenue Supermarts Ltd.

Axis Securities has reiterated a BUY call on Avenue Supermarts Limited, setting a target price of Rs 5,270, implying a potential upside of approximately 15% from current levels.

Avenue Supermarts, Reliance Industries, MCX, Wipro, BSE India, ICICI General Insurance, Swiggy were among major gainers despite overall weakness in the Indian markets.

Geojit Investments has maintained its BUY rating on Avenue Supermarts Limited (DMart), establishing a 12-month price target of Rs.4,650.

Avenue Supermarts Limited (DMART) continues to establish itself as a powerhouse in India’s retail sector, reflecting robust market performance despite ongoing challenges.