Shares of Avenue Supermarts (DMart) attracted attention recently following the company’s report of a 15.43 percent increase in standalone revenue from operations, amounting to ₹16,218.79 crore for the second quarter ending September 30, 2025.
Avenue Supermarts also announced an expansion of its store network, rising to 432 stores by the end of September 2025, up from 424 in the previous quarter. However, one location in Sanpada, Navi Mumbai, is currently closed for reconstruction.
In a stock exchange filing, the company disclosed that its board meeting is scheduled for October 11, 2025, to review and approve the unaudited standalone and consolidated results for the second quarter and the first half of fiscal year 2026.
Despite the positive financial growth, the stock’s response was negative, dropping 3.3 percent during the day to a low of ₹4,418.40, equal to the previous closing price. As of 3:10 PM, the shares were trading at ₹4,306 on the National Stock Exchange (NSE).
Market analysts have adopted a cautious perspective regarding Avenue Supermarts in light of recent assessments. JP Morgan has retained a neutral rating for the company with a target price of ₹4,350 per share, indicating a balanced outlook on both growth and valuation.
Conversely, Goldman Sachs and Citi have both issued sell ratings, reflecting a more pessimistic view on the stock’s short-term performance. Goldman Sachs has lowered its target price to ₹3,370 per share, while Citi has set a target of ₹3,300 per share, suggesting concerns over potential valuation and margin pressures. Overall, brokerages seem divided, with sentiments skewing towards caution regarding DMart’s future prospects.
Published on October 6, 2025.
