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Shares of Avenue Supermarts, the parent company of DMart, saw a sharp drop of 5.7% on January 13, 2025, following the release of disappointing Q3 results. The DMart share price fell to Rs 3,474, reflecting investor concerns over the retailer’s declining margins and the intense competition in the retail sector. Despite posting a 17.5% year-on-year…
Overview of Avenue Supermarts’ Q3 Update Avenue Supermarts Ltd., the parent company of DMart, witnessed its stock price jump 10% on January 3, 2025, following the release of its business update for the October-December quarter (Q3 FY25). The retailer showcased strong standalone revenue growth, driven by consistent store expansion and steady same-store sales growth (SSSG)….