Avenue Supermarts shares fall 3.3% after Q2 results
In short
Avenue Supermarts shares fell 3.3% after its Q2FY27 results. Net profit rose 8.5% to Rs 743 crore, and revenue climbed 17.8%, but margins weakened.
This matters because brokers turned cautious. Motilal Oswal kept Neutral, while Nuvama kept Hold and cut its target price as costs and profit worries grew.
What the reporting says
Avenue Supermarts shares fell 3.3% after the company reported Q2FY27 results, including an 8.5% year-on-year rise in net profit to Rs 743 crore. Revenue grew 17.8%, but margins weakened, and broker notes were mixed. Motilal Oswal kept a Neutral rating, while Nuvama held Hold and cut its target price because of rising costs and profitability concerns. The exact market reaction beyond the share drop remains uncertain.
Why it matters
Avenue Supermarts reported Q2FY27 net profit of Rs 743 crore, up 8.5% year on year, with revenue up 17.8% but weaker margins. The shares fell 3.3% after the results, and brokerages were split: Motilal Oswal kept a Neutral rating while Nuvama retained Hold and lowered its target price. The source points to margin pressure and cost concerns, but does not give the full financial table or revised targets.