DMART Share Price Target/Prediction 2022, 2023, 2024, 2025, And 2030: Hi, everyone hopes you all are fine at their side. So today we are here to give you a detailed analysis of one of the biggest Indian retail chains of hypermarkets which is Avenue Supermarts Ltd. popularized as DMART in which we try to include every aspect which is necessary to know before investing anywhere.
In a detailed analysis, we include technical analysis, last year quarterly report, last five years annual report through analyzing these we are here try to predict possible share price targets for DMART for upcoming years by using different principles and terms which help you read to know whether the investment in this company share is a kind good decision or not.
Table Of Content
- DMART Technical Analysis
- DMART Share Price Target
- DMART Share Price Target For 2022
- DMART Share Price Target For 2023
- DMART Share Price Target For 2024
- DMART Share Price Target For 2025
- DMART Share Price Target For 2030
- DMART Quarterly Report Analysis
- DMART Annual Report Analysis
- DMART Balance Sheet Analysis
- Conclusion
DMART Share Price Target/Prediction 2022, 2023, 2024, 2025, And 2030
DMART is a retail corporation that functions as a chain of supermarkets in India. DMART was founded by Radhakishan Damani in 2002 with their first branch in Mumbai. As of now, they have around 196 stores in 72 cities across 11 states in India including Uttar Pradesh, Karnataka. The company has its headquarters in Mumbai. As of now, DMART has a total of 8000 permanent employees and 3000 employees hired on a contractual basis.
DMART Technical Analysis
As the data are given at ticker.finology.in we analyze this chart which is based on Elliott wave channel pattern, Fibonacci Retracement, support and Resistance, etc. which help us to read how the share prices of DMART were performed in the last few years and how they will going to perform in upcoming years.
As we see in a chart the share price of DMART was breakout their historical rectangular band trend with a huge volume and they follow uptrend momentum in Zig-Zag manner after reading all these trends and momentum direction their curves we can predict its short term trend for the share of DMART is positive and in an uptrend and its long term trend is also positive and in an uptrend.
DMART Share Price Target
Here we are trying to predict a possible target which the shares of DMART can attain in upcoming years to come. Our prediction is based upon different tools and terms which include support and resistance. So, here we go with our possible targets for the upcoming years which are attached below.
| Year | Target Of DMART |
|---|---|
| 2022(Target-1) | Rs.5301 |
| (Target-2) | Rs.6291 |
| 2023(Target-1) | Rs.7324 |
| (Target-2) | Rs.8078 |
| 2024(Target-1) | Rs.9068 |
| (Target-2) | Rs.10166 |
| 2025(Target-1) | Rs.10898 |
| (Target-2) | Rs.11888 |
| 2030(Target-1) | Rs.21029 |
| (Target-2) | Rs.34292 |
DMART Share Price Target For 2022
We will predict two possible share price targets which the share of DMART can attain in the year 2022 first is around Rs.5301 and after attaining these values share price will go down for while and we will predict the second possible target which they can get in the year 2022 is around Rs.6291 We predict all these target levels on the basis of a Fibonacci retracement, support.
DMART Share Price Target For 2023
We can predict first share price target for the share of DMART in the year 2023 is around Rs.7324 then as every share price after attaining their high will show some downtrend after they again show positive movement in the same year and go uptrend and we can predict the second possible target which they can beat is about Rs.8078.
DMART Share Price Target For 2024
We can predict first possible share price target for the shares of DMART for the financial year 2024 is around Rs.9068 and after attaining that value they also show a similar trend as they show in the year 2023 show some downward trend again for a while which is one of the natural characters of every share and after recovering from this downfall we can predict the second target for the same year is about Rs.10166.
DMART Share Price Target For 2025
For the year 2025, we can predict two possible target which the shares of DMART can find it easily first is around Rs.10898 and second share price target for the shares of DMART is about Rs.11888 as I told earlier that DMART shares prices will always be in an uptrend in future and share prices of this company share are increasing day by day in upcoming years.
DMART Share Price Target For 2030
Till the end of this decade, DMART will be the highest revenue-generating company in India in the retail supermarket Sector and Company collaboration with other ventures will help them in a long run. So we predict the first possible target for the shares of DMART which they can attain in the year 2030 is around Rs.21029 and the second possible target which the shares of DMART they can cross till the end of this decade are about Rs.34292.
DMART Quarterly Report Analysis
As the data are given at ticker.finology.in we are telling you about company last year performance that how they perform in every quarter of last year if you find any mismatch of data from the official site of DMART we will not going to responsible for it.
In the June quarter of the financial year 2020, DMART made net sales of Rs.3833.23cr.in which they made a profit of about Rs.49.56cr after paying taxes. In the September quarter of the financial year 2020, DMART made net sales of Rs.5218.15cr. through which they make a profit of around Rs.210.55cr. after paying all the essential taxes to government bodies according to sector resemblance.
In the December quarter of 2020, DMART made sales of around Rs.7432.69cr. in which they made a profit of about Rs.470.25cr.after paying all the taxes. In the March quarter of 2021, DMART made sales of around Rs.7303.13cr. In which they made a profit of about Rs.434.95cr after paying all the taxes. In the June quarter of the financial year 2021, DMART made net sales of around Rs.5031.75cr. in which they made a profit of about Rs.115.13cr after paying all the taxes to government bodies according to their sector resemblance.
DMART Annual Report Analysis
As the data are given at ticker.finology.in we are telling you about company last year performance that how they perform in every quarter of last year if you find any mismatch of data from the official site of DMART we will not going to responsible for it.
In the year 2017, DMART made net sales of around Rs.11881.12cr. in which they make a profit out of it of about Rs.482.64cr. In the following year, 2018 DMART made net sales of Rs.15008.89cr. and make a profit off it around Rs.784.68cr. in that year they spend their fund on developing infrastructure. In the next year that is 2019, DMART made net sales of about Rs.19916.25cr. in which they make a profit off it around Rs.936.35cr.
In the year 2020 DMART made net sales of Rs.24675.01cr. and profit of around Rs.1349.89cr. which is higher than last year which is the result of their investment in developing infrastructure In the year 2021 DMART made sales of around Rs.23787.20cr. make a profit of about Rs.1165.31cr. as we can see from last two years they make a good profit after paying taxes that why I said earlier that till the end of this decade that DMART will emerge as the best in their retail supermarket business.
DMART Balance Sheet Analysis
In the year 2017 DMART invest around Rs.63.99cr. and Other Assets of DMART is about Rs.2968.11cr. and total assets of DMART available at this time are around Rs.5802.15cr. In the following year, 2018 DMART invest around Rs.145.83cr. and Other Assets of DMART is about Rs.1946.41cr. and total assets of DMART available at this time in 2018 are around Rs.5612.47cr. In the year 2019 DMART invest around Rs.230.10cr. and Other Assets of DMART is about Rs.2029.05cr. and total assets of DMART available at that time is around Rs.6997.57cr.
In 2020 DMART invest around Rs.303.83cr. and Other Assets of DMART in the year 2020 is about Rs.2292.27cr. and total assets of the company available at that time in 2020 is around Rs.12084.13cr. In the financial year 2021, DMART invested around Rs.493.79cr. and Other Assets of DMART is about Rs.3960.89cr and total assets of the company available at that time around Rs.13646.39cr. at that time.
Conclusion
In this artical, We have done a detailed analysis of DMART. We were tried to include every aspect in our article which is really essential to know before investing in any specific company shares.
Before ending this artical, I am going to tell you why you need to think about investing in the shares of DMART for a good return in the future.
1. One of the biggest retail company chains in India.
2. Strong market position.
3. Stable image as a retail store.
4. Situated at a prime location.
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Very Informative articles about Dmart share price target
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