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Avenue Supermarts falls over 6% after COVID disruptions hit Q1FY21 earnings

Updated : July 13, 2020 10:28 AM IST

Discretionary consumption continues to be under pressure, especially in the non-FMCG categories. This impacted gross margins negatively.
Morgan Stanley remained 'Overweight' on the stock with a target price of Rs 2,758 per share.
Avenue Supermarts falls over 6% after COVID disruptions hit Q1FY21 earnings

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