The Economic Times
English EditionEnglish Editionहिन्दी
| E-Paper
Search
+

How DMart managed to grow amid headwinds

How DMart managed to grow amid headwinds
How DMart managed to grow amid headwinds
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.

Mumbai: The storefront serpentine queues are back — and so is the peak-time weekend shopping frenzy at DMart. Yet, potential buyers of the stock must spend more time on the earnings statement before joining the grocery shoppers in those queues.Stores run by Avenue Supermarts reported operating efficiency at 88 per cent of pre-Covid levels, pointing to a revival of demand that is strongly correlated with the pace of unlocking. And the
Share This Article
  • GIFT ARTICLE
  • FONT SIZE
  • SAVE
  • COMMENT

To Read the Full Story, Become an ET Prime Member

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Access the exclusive Economic Times stories, Editorial and Expert opinion

Why ?

  • Sharp Insight-rich, Indepth stories across 20+ sectors

  • Access the exclusive Economic Times stories, Editorial and Expert opinion

  • Clean experience with
    Minimal Ads
  • Comment & Engage with ET Prime community
  • Exclusive invites to Virtual Events with Industry Leaders
  • A trusted team of Journalists & Analysts who can best filter signal from noise
The Economic Times