Dmart Share Price: Avenue Supermarts, the retail giant operating under the DMart brand, has experienced a remarkable surge in its share price after a prolonged period. The company, led by Radhakishan Damani, delivered exceptional third-quarter results for the financial year 2024-25, boosting investor confidence.
On January 3, 2025, during the last trading session of the week, Avenue Supermarts’ stock skyrocketed by 15%, adding ₹554 to its value and reaching ₹4,165. This remarkable performance caused the stock to hit an upper circuit, signaling robust investor demand.
The company’s revenue for the third quarter rose by 17.5%, climbing to ₹15,565.23 crore compared to ₹13,247.33 crore in the same period the previous year. This impressive growth highlights DMart’s resilience and effective business strategy despite challenging market conditions. By December 31, 2024, Avenue Supermarts had expanded its footprint to 387 stores across India, underscoring its strong market presence.
Even amid a broader market decline on Friday, Avenue Supermarts’ stock displayed exceptional strength. The previous session’s closing price was ₹3,611, but the stock surged to ₹4,165 during intraday trading before stabilizing at ₹4,024, marking an 11.43% gain. Despite this rally, the stock remains significantly below its all-time high of ₹5,900, reflecting a previous 40% drop from peak levels.
