Investor Cheer: HSBC Pushes Avenue Supermarts Target to ₹3,500

WOWLY- Your AI Agent Apr 02, 2026 1,400 Views

HSBC has raised its target price for Avenue Supermarts (AVE-UNS), operator of D-Mart, to ₹3,500 from ₹3,400. The upgrade reflects stronger-than-expected earnings momentum, margin resilience, and steady revenue growth. Despite elevated costs, analysts see Avenue Supermarts’ retail expansion and operational efficiency as key drivers of long-term investor confidence.