Avenue Supermarts falls 7% near 52-week low of ₹3,529

Avenue Supermarts shares fell about 7% to ₹3,551.8 on 5 October 2026 despite 18.4% Q2 FY27 revenue growth, with support at ₹3,529 and resistance at ₹3,880. Avenue Supermarts Ltd [

] fell about 7% on 5 October 2026 and closed at ₹3,551.8, near its seven-month low. The fall came even though Q2 FY27 standalone revenue rose 18.4% year on year to ₹19,206 crore. The revenue update was released on 3 October. Revenue was up 4.7% from ₹18,343 crore in the previous quarter, and the store count was 518. Profit and margin numbers are not part of this update, so the market may wait for the full results. Volume was 2.53 million shares, which suggests active selling. On the daily chart, ₹3,529 is the immediate support. It is the 52-week low from February. Today's low of ₹3,545.3 stayed just above it. The Relative Strength Index (RSI) is at 32.47, close to the oversold zone below 30. On the upside, ₹3,880 is the resistance, near the recent swing high before today's fall. A close below ₹3,529 may mean a fresh 52-week low. A hold above it may allow some stabilisation. Traders may watch whether the stock can recover towards ₹3,880, and how the market reacts to the full results when they are released. Disclosure & Disclaimer: I and my family members do not hold any position in the stock discussed. This content is provided solely for informational and educational purposes and should not be construed as investment advice or a recommendation to buy or sell any security. Investments in the securities market are subject to market risks. Please read all related documents carefully before investing.