D-Mart Shares Dive: Earnings Disappoint Investors

D-Mart, saw an 8% stock decline after lukewarm quarterly earnings.

It was Rs 12,624.37 crore in the corresponding quarter of the last fiscal.

Market Capitalization: Decreased by β‚Ή27,900.18 crore to β‚Ή2,69,637.75 crore

downturn highlights the sensitivity of stock prices to earnings reports and investor expectations.

Downturn the highlights sensitivityΒ  of stock prices to earnings reports Β and investor expectations.

Analysts concerned about costs, store performance, and future growth

Brokerage firms downgrade DMart; target prices slashed significantly