222% return in just 137 days! Can DMart hit Rs 1,000, or head south? - News Summed Up

222% return in just 137 days! Can DMart hit Rs 1,000, or head south?


Few investors could have thought the sprinter would add another 100 per cent to investor wealth this early. I am not sure if it will be able to do that. As most of the stores were existing ones, the fall in margins during the June quarter is a bit of concern. But then, it is an expensive stock and may remain expensive for a long time. This suggests a 17 per cent potential downside from Monday’s high.


Source: Economic Times July 24, 2017 06:00 UTC



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