Shares of Avenue Supermarts Ltd, the operator of DMart, rose over 5% following the company’s recent analyst meet, where it outlined an aggressive expansion strategy. As of 12:26 PM, the shares were trading 5.45% higher at Rs 4,216.80.
DMart said it plans to double down on investments to open more stores across the country, reinforcing its commitment to long-term growth through physical retail.
Despite the growing popularity of quick commerce platforms, DMart emphasised that it does not see this trend affecting its core financial metrics. The company remains confident in its traditional offline retail model and believes its value-driven format continues to resonate with Indian consumers.
DMart shares traded higher today, opening at ₹3,999.00 and touching a high of ₹4,230.00 during the session. The stock had a low of ₹3,999.00 and closed higher compared to its previous close of ₹3,999.00. Over the past 52 weeks, DMart shares have moved between ₹3,340.00 and ₹5,484.85.
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