Avenue Supermarts540376Retail
DMart Q2 revenue growth came in better than expected at 18.4%, but store additions were muted; brokerages split on outlook
- Q2 revenue growth
- 18.4 percent
- Total stores as of Sep 30
- 518 stores
- CLSA target price
- 5723 rupees
- Citi target price
- 3300 rupees
Heard on business television between 08:58:32 - 09:01:32 IST.
- Q2 revenue growth stood at 18.4%, better than expected.
- Store additions were muted; total stores as of September 30 stood at 518.
- CLSA maintained outperform rating with target price of 5723, citing pivot to private label and inflation as growth drivers.
- Citi maintained sell rating with target price of 3300, citing in-line revenue growth but cautious on expensive valuations.
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Source: Live TV News Channel · 5 Oct 2026
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