This largecap retail stock can give investors 14% potential gains; co. remains a long-term cost leader, says CLSA
This largecap retail stock can give investors 14% potential gains; co. remains a long-term cost leader, says CLSA
Shares of Avenue Supermarts-operating DMart retail stores gained over 1 per cent in Tuesday's session (August 27). The spurt in the stock was partly influenced by the global brokeage CLSA's rating that continued with its previous outperform call on the stock.
At the last count, shares traded higher by a minor 0.29 per cent at Rs 663.45 per share on the BSE.
CLSA analysing the company's annual report said that it indicates greater sustainability focus, gradually improving across the environmental and social metrics.
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