DMart, also known as Avenue Supermarts Ltd, is one of India’s leading retail chains. On 3 January 2025, DMart’s share price closed at Rs 4,025, up Rs 414.1 (11.47%) from the previous day.
Financial performance
The company has a price-to-earnings (P/E) ratio of 97.5, indicating that investors expect earnings growth in the future. The market capitalisation is ₹2,61,933 crore, which shows the company’s strong position in the market. DMart’s EPS is 41.3, which indicates earnings per share.
Future Prospects
DMart has recently increased the number of its branches to 387, resulting in a 17.5% increase in sales. Foreign brokerage house CLSA has rated DMart shares as ‘Outperform”, set a target price of ₹5,360 and recommends buying the stock.
Advice for investors
Although DMart shares have risen recently, investors should thoroughly analyse the company’s financial results and market position before making an investment decision. Given the market volatility, it is important to make informed decisions.
