Avenue Supermarts Shares Dip to 52-Week Low After Q2 Results

Shares of Avenue Supermarts dipped to a fresh 52-week low after reporting an 8.5% year-on-year growth in net profit to ₹742.98 crore for Q2 FY27.

Standalone revenue grew 18.4% annually, driven by a like-for-like growth of 9.5%, while EBITDA margin contracted by 30 basis points.

Brokerages Motilal Oswal and ICICI Securities maintained 'Neutral' and 'hold' ratings with revised target prices of ₹3,925 and ₹3,700 respectively.