Avenue Supermart Ltd. (DMART) - "No-brainer" stock in retail sector
Everyone known about Rakesh Jhunjhunwala, one of the successful investor of India as well as Warren Buffet of India. But who was his guru?.... His guru was Radhakishan Damani. He had a vision that other investors should invest their money in his company . So he started a supermarket business under the name of DMART. DMART is a chain of supermarket in India founded by Radhakishan Damani in the year 2002. It is promoted by Avenue Supermart Ltd . It has more than 196 stores across 11 states in India. Dmart is known as WALMART of India. BUSINESS STRATEGY : Focus : They focus in giving discount to consumer. It means low price strategy . Self-Owned Stores: They always buy their own property. They don't focus on rented property. This helps them in reducing cost of product. Control Expense on marketing and shopping mall : You will never interact with big hoarding or digital marketing of Dma...