DMART Share Price Target 2024, 2025, 2030, 2040, 2050

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It is one of the known supermarts in the country. The supermarket named D-Mart is spread throughout the country. Provides multiple products for daily use.

What is Avenue Supermarts Ltd NSE: DMART?

It is a made-in-India company that runs its branches in D-Mart supermarkets. These stores sell a wide range of products and its main priority is food products, general household products and clothing.

https://www.dmartindia.com

Each D-Mart store offers items for home use, including food, beauty products, clothing, kitchenware, bed and bath items, home appliances, and more. The company sells products in different categories such as bed and bath, dairy and frozen foods, fruits and vegetables, crockery, toys and games, kids’ clothing, women’s clothing, men’s clothing, all household products.

DMART Share Price Target 2024

The retail industry has many sections which fulfill the basic needs of customers, such as food, clothing, household items, financial services, and entertainment. India’s strong economy has helped the retail sector grow quickly in recent years.

YearsMinimum PriceMaximum Price
202441005950

DMART Share Price Target 2025

Stores in India need to keep coming up with new ideas because the consumer market is changing quickly. The retail industry is growing because of the increasing population and constant demand. People in India are now spending more on fashion, style, and fitness rather than needs. As lifestyles change and wealth increases, domestic demand is also expected to grow.

YearsMinimum PriceMaximum Price
202560006800

DMART Share Price Target 2030

As we know, food, clothes, and household things are the basic needs of every home. Also as the population increased its demand and modification increased. This company continuously makes a good profit every year. If you see its chart pattern on NSE then, it is done very well. So, investing in retail companies is a safe option because they keep growing and giving good returns.

YearsMinimum PriceMaximum Price
203078008900

DMART Share Price Target 2040

The company shows consistent profit growth and steady revenue growth. It has no debt and maintains a healthy interest coverage ratio. Additionally, it has a high promoter. So, as it provides good products with very attractive prices, it attracts a massive section of people which is middle-class people.

It has been profitable since the IPO was launched as it has shown consistent growth. DMart competes with other retail giants like Big Bazaar, and Reliance Retail. In India, it plans to open more stores in various cities and towns to reach a broader customer base.

YearsMinimum PriceMaximum Price
20401300015600

DMART Share Price Target 2050

So it is a retail store and supplies the basic needs of homes. Its chances are very high to grow more, and also its performance is very good in the stock market. The company was at a time high in 2018 and at the current time(2024), the stock is still in uptrend. This company frequently expands its stores in the country. So there are possible brighter features of this company.

YearsMinimum PriceMaximum Price
20501950022600
20401300015600
203078008900
202560006800
202441005950

Should I Buy DMART Stock?

We have given you all the information about this stock. This stock has good strength for the long term. The fundamentals of this company are very clear, it has a strong base, very little debt, and multiple stores in the country. In the last time 6 years back the company’s share price reached its all-time high price. And still the company is in an uptrend. So it is one of the good if you looking for long term.

DMART Ltd Earning Results

Quarterly – Avenue Supermarts Q3 Results

*All figures in crores except per share values

Fiscal PeriodDec 23Sep 23QoQ CompDec 22YoY Comp
Total Revenue13,572.4712,624.377.51%11,569.0517.32%
Selling/ General/ Admin Expenses Total234.31224.734.26%192.3121.84%
Depreciation/ Amortization189.33174.368.59%168.0912.64%
Other Operating Expenses Total665.96622.866.92%560.1618.89%
Total Operating Expense12,641.9111,793.767.19%10,771.8817.36%
Operating Income930.56830.6112.03%797.1716.73%
Net Income Before Taxes948.93851.9411.38%811.7516.90%
Net Income690.61623.5610.75%589.6817.12%
Diluted Normalized EPS10.599.5710.66%9.0317.28%

Is DMART Stock Good to Buy? (Bull Case & Bear Case)

Bull Case:

  • It is a top retail chain in India with many stores.
  • It keeps opening new stores across India. This could increase its market share and sales.
  • It has very suitable prices for every product so that middle-class people can easily afford it.
  • It is good at managing costs and runs its stores efficiently.
  • It keeps earning more money each year.
  • As India gets richer and more people live in cities, more people want to shop at organized stores like DMart.

Bear Case:

  • Many other stores in India also want customers. This makes it hard for DMart to keep its customers and make enough profit.
  • Sometimes, stores have trouble getting enough products to sell.
  • Running lots of stores is tough. There is always required for a management team to handle all stores.

Conclusion

In this article, we have all shared the information about this stock. We have given you multiple-year analyses, and bull and bear cases of the stock. So before making any decision please read this article so you can get a clear view of this stock.

FAQs

As time passes the population and demand of the people will increase so this company will be in profit in feature.

Yes

We have discussed it well in this article please read it.

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