DMart Share Price Drops After Q2 Results. Market Expert Shares Investor Outlook

Avenue Supermart, the parent company of DMart, is once again in focus post its quarterly earnings. The stock is showing signs of strength, opening over 3% higher after results. However, brokerages are sharply divided — Citi has given a Sell rating with a target of ₹3,250, citing subdued profitability and slower SSSG growth, while CLSA has maintained a High Conviction Buy with a target of ₹6,300. Gaurav Sharma, Associate VP & Head of Research at Globe Capital, believes the results are decent, highlighting a 4% rise in net profit and over 15% revenue growth. He calls it a "buy on dips" opportunity, suggesting investors look to accumulate if the stock falls near ₹4,100–₹4,000 levels. Watch the full discussion for detailed insights into DMart’s performance and what it means for retail investors.