Momentuminvesting5540

Momentum swing idea|Avenue Supermarts Ltd

Long
NSE:DMART   AVENUE SUPERMARTS
Avenue Supermarts Ltd
venue Supermarts Limited (DMart) is a national supermarket chain, with a focus on value-retailing. We offer a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories.

Fundamental : strong

Market Cap₹ 2,79,659 Current Price ₹ 4,298 Stock P/E 115
ROCE 20.1 % ROE 16.0 % Debt to equity 0.04
Promoter holding 74.6 % Quick ratio 1.08 Current ratio 3.52
Piotroski score 8.00 Profit Var 3Ys 22.5 % Sales growth 3Years 19.9 %
Return on assets 14.1 %

This is large cap stock with high momentum stock with FMCG sector in trend.
keep in radar. although stock PE is high but their sales is also improving since last some years.
lets how market react and closely watch stock performance.

Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation. This is just educational purpose only. I am not responsible for any profit and loss. Do your own research before investing.

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