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Avenue Supermarts shares fall 3% after Q2 results. What are Motilal Oswal, Nuvama saying?

Motilal Oswal and Nuvama rate stocks including Avenue Supermarts and Motilal Oswal.

· Economic Times Markets, ET Stocks, LiveMint Markets

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.

Period
Q2FY27

Where the names start from: Motilal Oswal is 13% below its 52-week high, +12.6% over three months; Avenue Supermarts is 31% below its 52-week high, -17.4% over three months. A rating is set against the price on the day the note is written, so how far a stock has already run is the part of the case the headline upside leaves out.

Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.

  • Brokerage calls from Motilal Oswal and Nuvama, with ratings on the stocks named. The stocks: Avenue Supermarts and Motilal Oswal.
  • On the day, 1 of 2 are higher: Avenue Supermarts leads at +0.8% and Motilal Oswal trails at -4.5%.
  • Over three months: Avenue Supermarts -17.4% against Consumer & Retail -9.5% (7.9 points behind); Motilal Oswal +12.6% against Capital Markets -6.3% (18.9 points ahead).
  • At least 25% below the 52-week high: Avenue Supermarts (31%).
  • Trading well above normal today: Motilal Oswal at 2.4 times its 20-day average volume.
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
Avenue SupermartsDMART · Consumer & Retail₹3,199.00+0.8%-15.8%-17.4%-30.9%0.4×—
Motilal OswalMOTILALOFS · Capital Markets₹941.95-4.5%-5.2%+12.6%-12.9%2.4×—

Consumer & Retail

1M -4.9% · 3M -9.5%

Avenue Supermarts

Capital Markets

1M -2.9% · 3M -6.3%

Motilal Oswal

Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.

DMARTMOTILALOFSConsumer & RetailCapital Markets