Avenue Supermarts shares can rally another 36%, CLSA lists key triggers
Published on 26/08/2025 01:59 PM
Avenue Supermarts shares can rally another 36%, CLSA lists key triggersAvenue Supermarts said that the company's valuation does not fully reflect the faster pace of store additions, its push into private labels, and the strengthening of its profitability moat.By Meghna Sen August 26, 2025, 1:59:18 PM IST (Published)1 Min ReadShares of Avenue Supermarts Ltd., the parent company of hypermarket chain DMart, gained as much as 2% on Tuesday, August 26, after global brokerage firm CLSA maintained its 'High Conviction Outperform' rating on the stock.
CLSA has a price target of ₹6,406 on the stock, implying a potential upside of nearly 36% from current levels.
The brokerage in its note that DMart's winning edge lies in customer engagement, consistently lower prices, and a strong product assortment.
It added that the company's valuation does not fully reflect the faster pace of store additions, its push into private labels, and the strengthening of its profitability moat.
Shares of Avenue Supermarts are now trading 0.73% higher on Tuesday at ₹4,760. The stock has gained 34% so far in 2025.Continue ReadingNote To ReadersDisclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsAvenue SupermartsDMartshare market today