D-Mart share price tanks 4% after Q4 numbers; Buy or sell? Here is what you should do
D-Mart share price, reacting to the quarterly earnings numbers, slipped as much as 3.7 per cent to Rs 1433.45 on the BSE. "D-Mart 4QFY18 net profit of Rs 1.7 billion was below estimates due to slower-than-expected revenue growth of 22.5 per cent year on year and lower margins," explained brokerage Kotak Securiuties in its results review report.
D-Mart share price is trading at a P/E of 86x FY19E and 65x FY20E. Image source: Geojit Financial Services