DMart shares slide 9% as quick commerce challenges weigh on Q2 profit. Should you invest now?

Avenue Supermarts' DMart shares dropped 9.3% as its Q2 profit growth of 8% missed expectations. Concerns over the impact of quick commerce on store productivity and rising costs led brokerages like JPMorgan and Morgan Stanley to downgrade their ratings and reduce target prices, reflecting competitive pressures from online grocery platforms.