Avenue Supermarts - A 100 Bagger Story: IDBI Capital

Avenue Supermarts - A 100 Bagger Story: IDBI Capital

Ms exterior of DMart. (Photo: BloombergQuint)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

IDBI Capital Report

The best recourse to conviction is best-in-class-research. We have attempted one on Avenue Supermarts Ltd.

We believe, DMart stock is a 100 bagger, even from current price, over the next 25years. This company has potential of compounding earnings per share at up 28% compound annual growth rate over FY21-46E.

In this report; we share, our learning from research that we have done to understand evolution of the most popular hard-discounter in U.S. - The Walmart (physical + e-commerce) and thereby implications; similarities, shortcomings and optionality for DMart.

Click on the attachment to read the full report:

IDBI Capital DMart Company Update.pdf
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DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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