DMart’s future lies in network expansion and FMCG focus, says Jignanshu Gor

DMart’s future lies in network expansion and FMCG focus, says Jignanshu Gor

“I think that consumption demand if it improves in a weaker demand environment plus, of course, with the competition from quick commerce that they have faced, they are maintaining very solid footfalls and very solid same store sales growth,” says Jignanshu Gor, Bernstein India.Let us start with DMart. The general view is that DMart has … Read more

Festive season springs hope for shareholders of Avenue Supermarts

Festive season springs hope for shareholders of Avenue Supermarts

The management has said that performance in the coming quarter and demand for the festival will continue to depend on the pandemic situation. Synopsis While a robust liquidity situation and resilient business model will keep the stock’s downside, the upside, too, seems to be capped in the near term given the slow business momentum. ET … Read more