DMart Flagged 'Wait' as Analyst Sees Downside Toward Rs 3,800 Support
In an analyst stock-call segment, Avenue Supermarts (DMart) drew a 'Wait' recommendation at CMP Rs 3,990, with the analyst citing a vertical fall and a lower-top-lower-bottom structure pointing to further downside toward the Rs 3,800 support. Ola Electric, Bank of Baroda, IREDA, Wheels India and MCX were also covered.
Analyst stock call segment; on retailer Avenue Supermarts (DMart), Rajesh advises 'Wait' citing a vertical fall and lower-top-lower-bottom structure suggesting further downside toward Rs 3,800. Other stocks (Ola, BoB, IREDA, Wheels India, MCX) also covered.
Why this matters
The cautious 'Wait' call follows brokerage flags on DMart being pressured by quick-commerce, even as Q1 FY27 revenue climbed 15% to Rs 18,343 cr with store count at 503.
Retail-company signals are accelerating, up 532600% QoQ.