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dmart shares: Hot Stocks: Brokerages view on Avenue Supermarts, Bajaj Finance, ICICI Bank and Sun Pharma

Brokerage firm HSBC maintained a buy rating on Sun Pharma, Citigroup recommended a buy rating on ICICI Bank, JPMorgan has an overweight rating on Bajaj Finance and CLSA recommended a buy rating on Avenue Supermarts.

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DMart shares rebound 36% from 52-week low; here's what analysts say

DMart shares have fallen over 23% from its record high of Rs 5,899.90 reached on October 18, 2021. The stock is in a strong uptrend in the last six sessions.

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DMart plunges nearly 5% on Q4 profit miss, margin drop

DMart, which faces intense competition from Reliance Industries Ltd and is known for discounts on everything from pulses to clothes, has seen inflation-weary consumers tighten spending on non-essential purchases.

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Suddenly, some analysts turn sceptical on Damani's DMart, cut price targets

The food and grocery retailer, which runs the DMart chain of stores, bounced back in the second half of last financial year after a major hit from the Covid-19 lockdown in the first.

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