Rising competition putting pressure on Avenue Supermarts
Business Standard|December 05, 2024
Shares of Avenue Supermarts, the operator of DMart retail chain of supermarkets and hypermarkets, have seen a correction of about 30 per cent from highs of ₹5,400 levels in September.
- DEVANGSHU DATTA
Rising competition putting pressure on Avenue Supermarts

Analysts are calling for earnings downgrades given moderate July-September quarter (Q2FY25) results and rising competition from quick commerce (qcom) and stiff competition from Amazon and Flipkart which are also now in qcom.

While the earlier qcom players offered a price advantage to DMart, Flipkart Minutes and Amazon Tez are slightly below DMart on price, while pushing qcom convenience. Zepto's discounts for orders above ₹900 also brings it below DMart in terms of pricing. DMart may see earnings estimates being reduced further as high-throughput metro stores are hit by qcom.

この蚘事は Business Standard の December 05, 2024 版に掲茉されおいたす。

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この蚘事は Business Standard の December 05, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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