Avenue Supermarts (DMart) Climbs on Strong Q3 Profit Data

In contrast to broader negative trends, Avenue Supermarts Ltd’s shares (DMart) gained momentum on the NSE yesterday following the company’s strong Q3 profit performance, with standalone net profit rising by double-digit percentages year-on-year. The upbeat earnings data provided a rare positive note in the session as investors looked for fundamentally strong stories to anchor portfolios amid widespread selling. The stock’s relative strength highlighted selective buying interest in consumer retail names even as major sectors struggled to maintain upward momentum. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only .Investors must verify information before investing and consider their financial position and risk profile. please read full disclosure disclaimer.