Positive impactResults
Avenue Supermarts gets its two highest share price targets from CLSA, Bernstein after Q2 update
CNBC-TV18 1 hr ago·5 Oct 2026, 3:18 am
Avenue Supermarts, the parent company of DMart, has received bullish ratings from two major global brokerages, CLSA and Bernstein. Both firms have raised their share price targets for the retailer, citing the company's strong performance in the latest quarter. This positive sentiment comes as DMart continues to expand its physical footprint and maintain a dominant position in the organized retail sector.
The brokerage reports highlight DMart's aggressive expansion strategy, noting that the retailer added 15 new stores in the quarter compared to eight in the same period last year. This rapid growth has increased the total store count to 518, marking a significant 20% year-on-year rise in the company's network. For investors, this signals continued operational strength and a widening competitive moat in the market.
Moving forward, the key focus will be on the execution of future expansion plans and the ability to sustain this growth momentum. Investors should also watch for updates on same-store sales growth and margin trends as the company navigates a competitive landscape. The strong store addition rate suggests a positive outlook for the company's long-term revenue potential.
Excerpt from CNBC-TV18
Avenue Supermarts added 15 new stores during the quarter, compared with eight stores in the year-ago period, taking its total store count to 518 at the end of Q2FY27. The store network increased by about 20% year-on-year. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are…Read the original at CNBC-TV18
Affected stocks
Bullish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Avenue Supermarts (DMART).
- Category: Results.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update for Avenue Supermarts worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
