From mint · Dhanya Nagasundaram · · 1m 20s
Avenue Supermarts shares drop after strong Q2 revenue
Avenue Supermarts shares fell 5% despite 18.4% Q2 revenue growth as market worries about bill-cut trends.
In brief
Avenue Supermarts shares fell 5% despite 18.4% Q2 revenue growth as market worries about bill-cut trends. Avenue Supermarts shares dropped 5% after reporting 18.4% Q2 revenue growth as investors focus on bill-cut growth and margins. Originally reported by mint.
Avenue Supermarts shares fall
Avenue Supermarts share price dropped over 5% despite strong Q2 revenue growth of 18.4% for FY27.
Q2 revenue reaches ₹19,206.18 crore
The standalone revenue reached ₹ 19,206.18 crore for Q2 FY27, up 4.7% sequentially from Q1 FY27.
518 stores operational
Avenue Supermarts had 518 stores as of 30 September 2026, including one closed for reconstruction.
CLSA maintains 'High Conviction Outperform'
CLSA has maintained a 'High Conviction Outperform' rating with a price target of ₹ 5,723.
Consumer inflation at 4.9%
Consumer price index inflation stood at 4.9% during Q2 FY27, compared with 3.9% in Q1 FY27.
Bernstein expects better margins
Bernstein expects Avenue Supermarts to maintain store additions and improve Q2 margins beyond expectations.
Stock breaks key support
DMART stock broke key support at ₹ 3,550, ₹ 3,530 after falling below ₹ 3,650 swing low.
Technical analysts warn of further drop
Technical analysts predict DMART could test ₹ 3,500 with continued bearish momentum.
What matters most
Avenue Supermarts shares dropped 5% after reporting 18.4% Q2 revenue growth as investors focus on bill-cut growth and margins.
