<ul data-eligibleForWebStory="false"><li>DMart operator Avenue Supermarts witnessed a 3.80% drop in share price following its first-quarter business update.</li><li>The company estimated a 16% year-on-year revenue growth for the first quarter of fiscal 2026, reaching Rs 15,932.1 crore.</li><li>Despite the revenue growth, brokerages like Macquarie and Goldman Sachs maintained bearish outlooks, citing concerns about sales growth and margin contraction.</li><li>DMart recently opened its first major store in Uttar Pradesh at Ratan Mall in Agra, expanding its presence outside the National Capital Region.</li></ul>

DMart Share Price Falls After Business Update; Brokerages Remain Bearish

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