Avenue Supermarts shares surged 2.1%, hitting ₹4,653, their highest level since October 2024 this year.

• CLSA reiterates high conviction outperform, setting ₹6,408 price target, implying 41% upside potential for investors.
• AVEU’s 428 stores deliver industry‑leading margins, likened to early‑1980s Walmart expansion opportunities for future growth.
• Analysts rate hold, but CLSA says valuation underplays rapid store additions and global efficiency today.