Avenue Supermarts shares will react to Q1 results; analysts cite multiple headwinds ahead
Shares of Avenue Supermarts Ltd., which operates the DMart retail chain, will be in focus on Monday, July 13, after the company reported a subdued set of first-quarter earnings, with brokerages citing slowing same-store sales growth and increasing competition from quick commerce players. The retailer’s management adopted a cautious tone, saying that stores operational for…
