April 20, 2025
Home » Hold Avenue Supermarts, target price Rs 3,880: JM Financial Jobbery Stock Market update New
Hold Avenue Supermarts, target price Rs 3,880:  JM Financial

JM Financial recommends a ‘hold’ on Avenue Supermarts, setting a target price of Rs 3,880. Despite a 17% revenue increase driven by new store openings and improved revenue per square foot, front-loaded store costs and margin pressures may impact profitability. The company reported a consolidated total income of Rs 15996.

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