Stock market today, Oct. 6 -- Shares of Avenue Supermarts, which operates the retail chain DMart, tumbled 3.4% during Monday's trading session on October 6, hitting a 9-week low of Rs.4,269 apiece, as the sell-off deepened following the release of the company's Q2 business update, which also triggered target price cuts from brokerages.

In an exchange filing on Friday, the company reported standalone revenue from operations of Rs.16,218 crore for the September quarter (Q2FY26), reflecting an increase of 15.43% from Rs.14,050 crore in the same quarter of the previous fiscal year (Q2FY25). However, the performance came below analysts' expectations.

The company's store addition also fell short of estimates, with only eight new stores added ...