Add Avenue Supermarts, target price Rs 3,950: HDFC Securities
HDFC Securities has an add call on Avenue Supermarts with a target price of Rs 3950. The current market price of Avenue Supermarts is Rs 3581. Avenue Supermarts, incorporated in 2000, is a Large Cap company with a market cap of Rs 231804.13 crore, operating in Retail sector.
Avenue Supermarts. key Products/Revenue Segments include Income from Retailing and Other Operating Revenue for the year ending 31-Mar-2024.
Financials
For the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 15996.69 crore, up 10.49% from last quarter Total Income of Rs 14478.02 crore and up 17.58% from last year same quarter Total Income of Rs 13605.39 crore. The company has reported net profit after tax of Rs 723.54 crore in…