4/10/2024, 10:51:02 am

DMart Shares Plummet Over 4% As Q2 Topline Growth Divides Brokerages

Shares of DMart parent Avenue Supermarts were tanking on Friday as the retailer’s second-quarter business update split brokerages on the company’s performance. What Happened: Brokerages had a mixed outlook on DMart as the company reported a 14% year-on-year increase in Q2 standalone revenue, reaching ₹14,050 crore for the quarter ended September 2024.