DMart awaits Q1 results; ₹4,600 breakout hinges on earnings

DMart operator Avenue Supermarts trades between ₹3,250-₹4,600, with analyst Rohit Mehta eyeing a bullish breakout if Q1 results beat expectations. A strong report could push the stock past ₹4,600 resistance. However, FIIs trimmed holdings, and sentiment turned bearish. Q1 results are due on July 11.