Bernstein drops DMart from India portfolio over quick-commerce risk
Bernstein has removed DMart from its India portfolio, citing the growing competitive threat from quick-commerce platforms to the value retailer’s model. The brokerage added Paytm, Eternal and Adani Ports.
What happened
Bernstein removed DMart from its India portfolio, citing quick-commerce risks, while adding Paytm, Eternal and Adani Ports. The move highlights investor concern
Why this matters
The quick-commerce threat strengthens the case for DMart to evaluate partnerships, investments or acquisitions that add faster fulfillment and digital convenience capabilities.