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DMart in a sweet spot, says Jefferies; initiates coverage with a buy rating

Updated : September 11, 2020 12:54 PM IST

The organized segment contributes less than 5 percent to the grocery market, which forms two-thirds of the Indian retail market.
Jefferies has initiated coverage on Avenue Supermarts with a Buy rating and a target price of Rs 2,600.
DMart in a sweet spot, says Jefferies; initiates coverage with a buy rating

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