Strota/ Newsroom/ 2026-10-05

DMART plunged -6.5% on DMart Q2 Business Update: Revenue From Operations Exceeds Rs 16,000 C…

Strota Newsroom · session of 2026-10-05 · market close · DMART stock page →

Avenue Supermarts Ltd. (DMART) plunged -6.5% to ₹3,567.00 with 4 signals firing. Here is what the exchange data shows.

Avenue Supermarts shares fell 6.45 per cent to close at 3,567.00, finishing near the day's low of 3,545.30 and well below the previous close of 3,813.00. The stock had touched a high of 3,808.60 during the session.

The decline came on an outsized volume spike of 13.5x, with the shares closing below their volume-weighted average price by 1.54 per cent. The Nifty 50 rose 0.60 per cent that day, so the drop was specific to the stock.

The evidence pack carries no futures positioning for the stock. The most recent institutional deal disclosures over the past 30 days are empty, and there were no insider filings in the past 60 days, so the visible footprint is price and volume rather than named flows.

On the technical picture, the stock trades 23.19 per cent below its 52-week high and just 0.61 per cent above its 52-week low, below both its 50-day and 200-day moving averages. Its relative strength index is 33.2. It is down about seven per cent over the week and about five per cent over the month, and shows no confirmed golden cross, death cross or Darvas breakout.

On the news, NDTV Profit reported that the company's Q2 business update showed revenue from operations exceeding Rs 16,000 crore, with the store count at 518. scanx.trade reported turnover of INR 67,000 crore and a 15 per cent store-expansion plan. cnbctv18 noted that analysts at CLSA and Bernstein issued the stock's two highest share price objectives after the update, while MarketsMOJO rated it a Sell.

The pack also shows an upcoming earnings date of 2026-10-10, with an EPS estimate of 13.35936.

What the data does not establish is a single driver. It records the size of the fall, the heavy volume, the close near the day's low and the Q2 update in the headlines — but that update describes growth in revenue and stores, so the data does not by itself explain the sharp decline.

The numbers

Signals that fired

Technical context

Volume ran at 5.6× its 20-day average; rsi(14) sits at 33; price is 23.2% from the 52-week high.

Upcoming earnings

Results due 2026-10-10 (street EPS estimate 13.35936).

Recent headlines

Sources

Keep digging

How this article was made: Strota assembled the exchange data above (prices, F&O open interest, bulk/block deals, SEBI PIT filings, indicator readings and public headlines) and an AI model wrote the narrative strictly from that evidence — it is not permitted to add outside facts or numbers. Every figure comes from the underlying exchange/public data.