Avenue Supermarts shares fall 4% despite 18% YoY revenue growth in Q2 update

Avenue Supermarts achieved an impressive 18.4% increase in year-on-year revenue for Q2, totaling Rs 19,206.18 crore. As of September 30, 2026, the company operates 518 stores, although one is temporarily closed for renovations. However, following this positive news, shares dropped 4.07% on the NSE, indicating market concerns. Additionally, Avenue Supermarts issued Rs 500 crore in commercial paper with a 6.