DMart plunges 6.7% as Citi, Goldman retain sell call

DMart shares fell 6.7% after Citi and Goldman retained their sell recommendations on the retailer. The decline places the stock under renewed pressure as both brokerages continue to take a negative view.

Brokerages Maintain Sell Recommendations

Citi and Goldman have kept their sell calls on DMart. Their unchanged stance coincided with a sharp 6.7% decline in the company’s shares.

The available information does not provide further details on the brokerages’ reasoning, price targets or the specific market factors behind the move.

What Investors Are Watching

The continued sell recommendations and the day’s decline are the key developments for investors tracking DMart. Further market direction will depend on new information about the company and any changes to the brokerages’ views.

Conclusion

DMart’s 6.7% drop highlights the pressure facing the stock after Citi and Goldman retained their sell calls. No additional details on the outlook were provided.