business / news / / Times of India
Avenue Supermart is trading at 70x forward price-to-earnings (P/E) ratio.
Emkay Global initiated Avenue Supermart coverage with a sell rating and Rs 3,700 target price.
KEY POINTS
- Quick commerce players are now only 4-13% more expensive than D-Mart after bank discounts.
- D-Mart currently covers only 50% of India's retail total addressable market.
- HSBC forecasts Acme Solar's EBITDA CAGR at 72% for FY26-28 due to FDRE and BESS projects.
- UPL has delivered 2-2.5x higher volume growth than global peers over the last eight quarters.
COMPANIES
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