InvestorQ : What is the target of Avenue supermart (D-Mart) in the year 21 and why?
Kunal Verma made post

What is the target of Avenue supermart (D-Mart) in the year 21 and why?

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Aditi Sharma answered.
1 month ago
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The stock is quoting at life-time highs so there is really no technical view you can take on the stock at these elevated levels. D Mart has rolling EPS of around Rs.18 so pure P/E terms it does look stretched. You can use dips to accumulate the stock rather than rushing to buy at all time highs. The stock could target around Rs.3,600-3,800 levels in this year.

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