Buy Avenue Supermarts, target price Rs 5,300: Motilal Oswal Financial Services

Motilal Oswal Financial Services recommends buying Avenue Supermarts stock, setting a target price of Rs 5,300 against its current price of Rs 3,580. Avenue Supermarts has shown a growth in total income and net profit in the latest quarter. Promoters hold a 74.65% stake in the company as of September 2024.

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Motilal Oswal Financial Services has a buy call on Avenue Supermarts with a target price of Rs 5,300. The current market price of Avenue Supermarts is Rs 3,580. Avenue Supermarts, incorporated in 2000, is a Large Cap company with a market cap of Rs 233040.

53 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 30-09-2024, the company has reported a Consolidated Total Income of Rs 14478.



02 crore, up 2.60% from last quarter Total Income of Rs 14110.74 crore and up 14.

35% from last year same quarter Total Income of Rs 12661.29 crore. The company has reported net profit after tax of Rs 659.

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com View Program Stock Trading Dow Theory Made Easy By - Vishal Mehta, Independent Systematic Trader View Program Stock Trading Market 103: Mastering Trends with RMI and Techno-Funda Insights By - Rohit Srivastava, Founder- Indiacharts.com View Program Stock Trading ROC Made Easy: Master Course for ROC Stock Indicator By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Heikin Ashi Trading Tactics: Master the Art of Trading By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading RSI Made Easy: RSI Trading Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Introduction to Technical Analysis & Candlestick Theory By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program The company's top management includes Mr.Chandrashekhar Bhave, Mr.

Ignatius Navil Noronha, Mr.Ramakant Baheti, Mr.Elvin Machado, Mrs.

Manjri Chandak, Ms.Kalpana Unadkat. Company has S R B C & Co.

LLP as its auditors. As on 30-09-2024, the company has a total of 65 Crore shares outstanding. Promoter/FII Holdings Promoters held 74.

65 per cent stake in the company as of 30-Sep-2024, while FIIs owned 9.95 per cent, DIIs 7.42 per cent.

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