Kapil-Mittal

War-resistant Long-term investment

Long
NSE:DMART   AVENUE SUPERMARTS
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

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