ADVERTISEMENT

Avenue Supermarts Q2 Results Review - Medium-Term Revenue Growth Rates Getting Reset Lower: ICICI Securities

The brokerage downgrades to Reduce rating from Add with a DCF-based target price of Rs 4,100, due to lower revenue growth assumptions and operating margins.

<div class="paragraphs"><p>FMCG products kept on shelves inside DMart. (Source: Vijay Sartape/NDTV Profit)</p></div>
FMCG products kept on shelves inside DMart. (Source: Vijay Sartape/NDTV Profit)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
To continue reading this story
Subscribe to Unlock & Enjoy your 
Subscriber-Only
 benefits

Choose a plan

Renews automatically. Cancel anytime.
Still Not convinced ? Know More