D-Mart loses â¹6,000 crore in m-cap over weak Q2 earnings
Avenue Supermarts Ltd's shares, which operates supermarket D-Mart's stores across India, fell over 7% leading to a â¹6,000 crore loss in market valuation after reporting slower-than-expected Q2 earnings. D-Mart took price cuts across categories in the second half, which affected its margins in the September quarter. D-Mart shares have gained 12.6% so far this year.