Avenue Supermarts shares rise after opening new DMart store in Coimbatore

Shares of Avenue Supermarts, which owns and operates India’s leading supermarket chain DMart, saw an increase on June 20. This rise came after the company announced the opening of a new store in Mettupalayam, Coimbatore, Tamil Nadu.

With this recent launch, DMart now has a total of 369 stores across the country.

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As of 10:40 am, Avenue Supermarts’ shares were trading at ₹4,929.05.

Geojit Financial highlights Avenue Supermarts’ strong growth potential due to its healthy balance sheet with no debt and strong operational efficiency.