Dmart Adds 3 Stores in 2 Days; Shares Jump Over 4% as 500-Store Milestone Comes into Sight
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Dmart has added three new stores in just two days, taking its total count to 470 across India. With the 500-store milestone now in sight, the retail giant’s growth story is only getting stronger.
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Avenue Supermarts Ltd, the operator of the Dmart retail chain, has continued its expansion across India with the opening of three new stores over two consecutive days. This brings the company closer to the significant milestone of 500 outlets nationwide.
On March 24, 2026, the company inaugurated two new stores located at Turkayamjal in Rangareddy district, Telangana, and at MVP Colony in Visakhapatnam, Andhra Pradesh. Following these additions, the total store count rose to 469.
The expansion momentum continued on March 25, 2026, with the opening of another store in Sriperumbudur, Kancheepuram district, Tamil Nadu. This latest addition has taken the company’s total number of stores to 470 across the country.
With 470 stores now operational, Dmart is steadily approaching the 500-store mark.
About Avenue Supermarts Ltd
Avenue Supermarts Ltd, which operates the Dmart retail chain, is one of India’s leading supermarket brands focused on value retailing. The company offers a wide range of products across food, non-food (FMCG), and general merchandise and apparel categories, catering to everyday household needs.
Dmart was founded by investor Radhakishan Damani in 2000, starting with a single store in Maharashtra. Built on the mission of being the lowest-priced retailer in its areas of operation, the company has grown steadily over the years through a disciplined and cost-efficient business model.
Today, Avenue Supermarts Ltd operates 470 stores across India.
Avenue Supermarts Ltd Share Price Performance
Avenue Supermarts Ltd shares rise over 4 per cent as the market recovers sharply, and on the note of the company adding 3 new stores. On Wednesday, the share price rose by 4.11 per cent, which is an increase of Rs 154.30, reaching Rs 3,910.80. On the trading day, the share made an Intraday high of Rs 3,939. It made an intraday low of 3,761 on the same day.
The company has delivered 5.49 per cent returns on a year-to-date basis. In the past year, the company has delivered negative 0.65 per cent returns to the shareholders.
Disclaimer: The article is for informational purposes only and not investment advice.