Share of Avenue Supermarts Limited (DMART) is currently trading at around Rs.3665/– All investors are asking for the DMART Share Price Target from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the DMART Share Price Target from 2023 to 2030.
Following are the frequently asked questions by the existing as well as prospective investors, about Avenue Supermarts Limited. We will provide answers to all these questions in this article:
- What is the target price of Dmart share in 2025?
- What is the target price of Dmart share in 2023?
- What is the future forecast for Dmart share?
- Is DMart a good buy for long term?
Discussion & Analysis of Business & Financial performance as well as future business prospects of Avenue Supermarts Limited:
Avenue Supermarts Limited (DMart) is India’s largest modern retailer by revenue. The company operates a chain of hypermarkets and supermarkets, offering a wide range of products, including food, groceries, home and personal care products, and general merchandise. DMart is known for its low prices, high-quality products, and efficient operations.
Growth Drivers
DMart’s future business prospects are bright, driven by the following factors:
- Growing Indian retail market: India is one of the fastest-growing retail markets in the world. This growth is being driven by a number of factors, including rising incomes, increasing urbanization, and changing consumer preferences.
- Shift from unorganized to organized retail: The Indian retail market is still largely unorganized, with over 90% of sales taking place through traditional kirana stores. However, there is a growing shift towards organized retail, as consumers are increasingly looking for convenience, quality, and value. DMart is well-positioned to benefit from this shift, given its strong brand, efficient operations, and low prices.
- Expanding store network: DMart is expanding its store network rapidly. In FY23, the company added 35 new stores, bringing its total store count to 284. DMart plans to add 80-90 new stores in FY24.
- Growing online presence: DMart is also expanding its online presence. The company launched its e-commerce platform, DMart Ready, in 2020. DMart Ready is currently operational in 16 cities, and the company plans to expand it to more cities in the future.
Challenges
Despite its strong growth prospects, DMart faces a number of challenges, including:
- Competition: DMart faces competition from other organized retailers, such as Reliance Retail, Walmart India, and Metro Cash & Carry. These retailers are also expanding their store networks and online presence.
- Inflation: Rising inflation could impact DMart’s margins, as the company may not be able to pass on all of the cost increases to consumers.
- Supply chain disruptions: Supply chain disruptions could impact DMart’s ability to source products and deliver them to its stores on time.
Outlook
Overall, DMart’s future business prospects are bright. The company is well-positioned to benefit from the growing Indian retail market and the shift from unorganized to organized retail. However, DMart needs to manage its competition effectively and mitigate the risks of inflation and supply chain disruptions.
Here are some specific ways in which DMart can improve its business prospects in the future:
- Expand its store network in Tier II and Tier III cities: DMart has a strong presence in Tier I cities. However, it can expand its reach by opening more stores in Tier II and Tier III cities, where there is a growing demand for modern retail.
- Strengthen its online presence: DMart’s online presence is still in its early stages. The company can strengthen its online presence by expanding its product range, improving its delivery services, and offering more discounts and promotions.
- Invest in technology: DMart can invest in technology to improve its supply chain efficiency, reduce costs, and enhance the customer experience.
- Focus on private labels: DMart can focus on developing its own private labels. This will help it to reduce costs and improve margins.
- Expand its product range: DMart can expand its product range to include more fresh produce, non-food items, and services. This will help it to attract more customers and increase sales.
By taking these steps, DMart can further strengthen its position as India’s leading modern retailer and achieve even greater growth in the future.
Share Price Targets:
DMART Share Price Target 2023
Based on the above discussion and analysis, the share price of DMART may touch the level of around Rs.3700-3800 in 2023.
DMART Share Price Target 2024
Based on the above discussion and analysis, the share price of DMART may touch the level of around Rs.3850-4000 in 2024.
DMART Share Price Target 2025
Based on the above discussion and analysis, the share price of DMART may touch the level of around Rs.4100-4200 in 2025.
DMART Share Price Target 2026
Based on the above discussion and analysis, the share price of DMART may touch the level of around Rs.4250-4400 in 2026.
DMART Share Price Target 2027
Based on the above discussion and analysis, the share price of DMART may touch the level of around Rs.4450-4600 in 2027.
DMART Share Price Target 2028
Based on the above discussion and analysis, the share price of DMART may touch the level of around Rs.4650-4800 in 2028.
DMART Share Price Target 2029
Based on the above discussion and analysis, the share price of DMART may touch the level of around Rs.4850-5000 in 2029.
DMART Share Price Target 2030
Based on the above discussion and analysis, the share price of DMART may touch the level of around Rs.5100-5500 in 2030.
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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