Avenue Supermarts shares fell 3.3% despite an 8.5% year-on-year rise in Q2FY27 net profit to Rs 743 crore. Revenue grew 17.8%, but margins weakened. Motilal Oswal maintained a Neutral rating, while Nuvama retained Hold and cut its target price amid rising costs and profitability concerns.
Avenue Supermarts shares fell 3.3% despite an 8.5% year-on-year rise in Q2FY27 net profit to Rs 743 crore. Revenue grew 17.8%, but margins weakened. Motilal Oswal maintained a Neutral rating, while Nuvama retained Hold and cut its target price amid rising costs and profitability concerns.
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