During a recession, companies that sell low-cost goods tend to outperform those that sell expensive goods on a consistent basis. While the nature of the company's business would suggest that it would be resilient in a downturn, DMART must still deliver on its promises. Groceries account for a significant portion of their revenue, and people will need to eat regardless of the direction of the economy. Gradually DMART is entering into the e-commerce segment as well which can further strengthen its growth.
DMART is expected to pull-back taking support from 200EMA.
- Earnings are forecast to grow 37.97% per year
- Earnings have grown 14.5% per year over the past 5 years
DMART is expected to pull-back taking support from 200EMA.
- Earnings are forecast to grow 37.97% per year
- Earnings have grown 14.5% per year over the past 5 years
This trade was found using BREAKOUT INDICATOR. Contact below to get access ⬇️
✅ Whatsapp: wa.me/message/HMTL5O6WNCXMK1
✅ Telegram: t.me/breakoutinvesting
⭐Custom Indicator
⭐Daily Calls
⭐Online Course
⭐FNO Trades
✅ Whatsapp: wa.me/message/HMTL5O6WNCXMK1
✅ Telegram: t.me/breakoutinvesting
⭐Custom Indicator
⭐Daily Calls
⭐Online Course
⭐FNO Trades