D Mart-Richly priced in short term but market out performance may continue in long term

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by kharb, Jul 24, 2017.

  1. kharb

    kharb Well-Known Member

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    D Mart has come out with good set of Quarterly results but stock has already run on expectations..I would like to increase its allocation in my portfolio slowly either on any correction and if no correction ,still plan to accumulate it at intervals.It may give correction with market or any disapointment in any quarterly resluts .It may also give time correction and there is nothing much in short term but still looks to be a stock for long haul ,which in my view should not be missed by a long term invester seeking 20% CAGR.This is no recommendation to buy but only for discussion in this forum.What is members view .
     
    Last edited: Jul 24, 2017
  2. Kritesh Abhishek

    Kritesh Abhishek Member

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    I agree. The stock is a good pick for long term. I have also kept D Mart in my wishlist and will make some postion on correction.
     
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  3. kharb

    kharb Well-Known Member

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    D mart Q2 results, net profit up 65%yoy and revenue up 26%yoy,hopefully should sustain the stock. No recommendation just for discussion.
     
  4. wild_hipman

    wild_hipman Active Member

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    @kharb
    Dmart is gonna be India's Amazon especially in terms of valuations.. Do you agree?
     
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