Q-comm rapid growth weighs on DMart, stock falls over 8%
MUMBAI: The stock price of Avenue Supermarts, which owns DMart, fell 8.4% on Monday on the back of subdued performance in Q2. Stiff competition from quick commerce platforms like Blinkit, Swiggy Instamart and Zepto in large metros has impacted the growth, analysts said. DMart‘s year-on-year consolidated revenue growth of 14% in Q2 was slower than…