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Bloomberg Quint

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Image Credit: Bloomberg Quint

DMart Share Price Declines After Business Update And Citi's Bearish Commentary

  • DMart share price declined nearly 4% following the business update and bearish commentary from Citi.
  • Avenue Supermarts reported revenue growth of 16.7% in Q4 FY25, but Citi expressed concerns about the company's performance.
  • Citi remains cautious about same-store sales growth, increasing competitive intensity, and store additions.
  • DMart's share price fell to Rs 3,994 apiece, with Citi maintaining a 'Sell' rating and a target price of Rs 3,350.

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