Slowdown in growth trends, valuations near term hurdles for Dmart

Globally it is among the lowest cost retailers. DMart deliberately went slow on private-labels in order to avoid being seen to compete with suppliers and key brands

Discount retailer DMart (Avenue Supermarts) hit its highest levels in a year and a half last week and is up over 11 per cent in the last one month.

The company depends on low operating costs to offer the lowest prices to consumers, which enables sales velocity and scale, further reducing costs.

This virtuous feedback loop has helped DMart gain market share in a sector dominated by unorganised stores.

DMart is also