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Dmart Shares Likely to Trade in a Range After Mixed Q3 Earnings Signals
Avenue Supermarts’ Dmart stock may stay range-bound after mixed Q3 results, with stable consumption but margin pressure keeping upside limited.
Shares of Avenue Supermarts, the parent company of Dmart stores, are anticipated to remain range bound after the company reported mixed third quarter results. While revenue growth continued, some margin pressure and cautious commentary from management led analysts at Centrum Broking to flag limited upside in the near term. Centrum noted that consumption trends appear stable, but discretionary spending segments remain cautious among consumers.