Today in this article we will tell you about D mart share price target, so please read the article completely and if it proves beneficial for you, then share this article with your investor friends.
| Company | D mart (Avenue Supermarts Limited) |
| Website | Click Here |
| Headquarter | Powai, Mumbai |
| NSE Symbol | DMART |
| Incorporated | 2002 |
| Listed in | BSE AND NSE |
| Our Website Link | Click Here |
D Mart Share Price Target
Avenue Supermarts Limited, which runs a chain of supermarts in the market named D-mart, was founded in 2002 by Radhakishan Damani. When his first store was opened in (Powai, Mumbai). As of December 2022, the number of their stores has increased, which at present (as of March 2024) has reached 341 stores, spread across 14 states of India. The company’s headquarters is in Mumbai.
Under which 10713 employees work, the promoter of D Mart is Avenue Supermarts Limited. After the IPO listing (Avenue Supermarts Limited), this company made a record in the stock market on the National Stock Exchange. After this, it became the 65th most valuable Indian firm and overtook Britannia Industries, Marico and Bank of Baroda.
To know the future of D mart share price, first you will have to analyze it so that you can know about all its aspects for that we will analyze the D mart share and give you information about what will be the price of D mart share in the future. which we have provided below-
| Year | D Mart Share Price Target |
| 2023 | 3847 /- |
| 2024 | 4022.7 /- |
| 2025 | 4197.6 /- |
| 2026 | 4372.5 /- |
| 2030 | 4897.2 /- |
D Mart Share Price Target
Radhakishan Damani is an Indian investor and founder of D-Mart. In February 2020, he became the second richest person in India after Mukesh Ambani with a wealth of Rs 1.35 lakh crore.
He is also in the headlines after purchasing the most expensive bungalow worth Rs 1000 crore in April 2021. He was born in 1954 in Bikaner in a Marwari family.
D mart company CEO is Shri Navil Naroha ji whose name is included in the list of Richest CEO of India. He has a house worth Rs 70 crore in Mumbai.
And he had booked two units for himself in Bandra East with 10 car parking spaces. This property is 9,552 square feet. Reportedly, he paid Rs 66 crore and a stamp duty of Rs 3.30 crore for it.
D mart company presented its annual report in September 2022 in which the net worth of the company was stated to be Rs 15,005 crore. After this the company had also suffered a loss but it does not mean that the D mart’s share price will fall completely. The company’s stock is continuously becoming stronger. The company is very strong financially, and the company’s profit is continuously increasing.
If seen in this way, the share price of D mart is going to increase. If some big players of the stock market are to be believed then the share price target 2024 of D Mart has been estimated at Rs 3897/- and it is being estimated till the end of the year 2024. That its target will reach Rs 4022.7.
The main business of the company is in the supermarket sector and the demand for supermarkets is increasing rapidly because people now like to get all the goods from one place. A company like D mart benefits a lot from this and Avenue Supermarts Ltd also has other subsidiaries which help in the company’s business.
So seeing this growth of the company. D mart share price target can be estimated to reach Rs 4197.6 in 2025 and the second target in 2026 we can see it going up to Rs 4372.5.
The company is continuously expanding its business due to which the company’s shares are also increasing. Avenue Supermarts Ltd is a supermart company which gives huge discounts to its customers on all its products. Due to this their customer number is increasing day by day. And this is the only company to do so in today’s inflationary era. Due to this their customers also come back.
After the release of the company’s quarterly report, growth is being seen in the share price of the company. Due to this the revenue of the company is also continuously increasing. Apart from its online business, the company is also emphasizing offline business.
We can expect to see growth in the shares of D mart company by 2030, hence we have estimated its price to reach Rs 4897.2 for D Mart Share Price Target 2030.
Friends, I hope you liked this blog of mine and got some important information by visiting this page. With the help of this, you might have an idea of what results D Mart Share Price Target is going to give to its investors in the share market in the future.
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