Avenue Supermarts shares hit a 52-week low: Why is Damani-led DMart stock declining?

Avenue Supermarts, the parent company of DMart, has seen its share price decline to a 52-week low. The stock, which opened at ₹3,405, dropped by 4.4% to hit ₹3,366, marking a 23% fall in the last six months compared to a 7% loss in the Sensex.