Explained – What Avenue Supermarts said on the analyst call that led to the stock tanking 6%
Shares of Avenue Supermarts Ltd., parent company of the hypermarket chain D-Mart, fell over 6% on Tuesday, July 28, tracking weak management commentary during its meeting with a group of analysts. This is the biggest single-day fall for Avenue Supermarts in a single session since October 2024. During the analyst meet, D-Mart’s management said that…
