Avenue Supermarts540376Retail, supermarkets
Avenue Supermarts posted better-than-expected 18.4% top-line growth in Q2 but muted store additions in H1, drawing divergent brokerage views
- Top-line growth
- 18.4 percent
- Total store count
- 518 stores
- CLSA target price
- 5723 rupees
- Citi target price
- 3,300 rupees
Heard on business television between 16:09:32 - 16:12:32 IST.
- Top-line growth came in better than expected at 18.4%
- H1 saw muted store additions, with total store count at 518 as of September
- CLSA maintained high conviction outperform with target price of 5723, citing private label growth and inflation as drivers
- Citi maintained sell with target price of 3,300, saying Q2 revenue was in line but valuations remain expensive
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Source: Live TV News Channel · 5 Oct 2026
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