Morgan Stanley downgraded Avenue Supermarts (D-Mart) to Equal-weight post December quarter results with a target price of Rs 3853. Avenue Supermarts, which operates retail chain DMart, has reported Rs 10,337 crore standalone income for the fourth quarter ending March. Shares of HDFC Bank, LTIMindtree, and Tata Elxsi might be in focus today as the companies will announce their first quarter outcomes. Avenue Supermarts, which operates retail chain DMart, has reported an 18% enhance in its standalone standalone revenues at Rs 12,308 crore for the second quarter ended September. Jefferies maintained a maintain score on Avenue Supermarts (D-Mart) however raised the …
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