Dmart:1091 support 1070 is crucial, if it cannot support that level, the stock can come down to 920 level. The Goldman rating take the price to such high level that, it looks over priced since its ROAE is just 12% only “Goldman Sachs analysts argued that while Avenue Supermarts maintains low prices ?, with thin gross margins and light working capital, its cash return on capital invested (CROCI) remains better than that of its global retail peers” seems to be a vague analysis, as if we say like, I am very rich because my wallet is thicker than others.
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