Avenue Supermarts shares fall 4% on weak Q1; what should investors do?
ICICI Securities has maintained a ‘Hold’ rating on Avenue Supermart post Q1FY24, while Prabhudas Lilladher and JM Financial have assigned ‘Buy’ ratings.
ICICI Securities has maintained a ‘Hold’ rating on Avenue Supermart post Q1FY24, while Prabhudas Lilladher and JM Financial have assigned ‘Buy’ ratings.
The Radhakishan Damani-led value retailer reported revenue of ₹11,569 crore for the quarter ended December.
The surge in Coronavirus cases across the country threatens to derail the growth reported by consumer-focussed companies in the March quarter.