Competition, pace of store additions to keep DMart under pressure | Markets News
 These factors have led to earnings cuts and downgrades by brokerages. Despite the correction, the stock trades at 68–75x its 2026-27 (FY27) earnings estimates. Analysts warn the stock may continue to underperform if operating metrics do not improve or store expansion remains sluggish.  Analyst Abhijeet Kundu of Antique Stock Broking observes…