DMart shares post biggest single day gain since February 10, 2020; here is why

Shares of Avenue Supermarts, the operator of DMart retail store chain, staged their biggest single day move in over six years on Wednesday, April 1. DMart stock rose as much as 8.42%, its biggest single-day gain since February 10, 2020, to hit an intraday high of ₹4,294.80 on the National Stock Exchange. On the BSE, DMart shares advanced as much as 8.37% to hit an intraday high of ₹4,293 after the company over last week informed exchanges of opening multiple retail stores across various locations in the country.

Avenue Supermarts, in multiple stock exchange filings, said that it opened a total of 23 retail stores across various locations in the country. Avenue Supermarts on March 28 said that it opened DMart store at Gopalan Arcade Mall, Bengaluru taking the total store count to 478.

On Sunday, March 29, Avenue Supermarts said that it opened three new stores at Pipla, Nagpur, AU Family Hub, Ghaziabad and Vijay Nagar, Jabalpur taking the total count to 481.

The company on Monday, March 30 said that it opened seven new stores at Vavol, Gandhinagar, Raichur, Annathanapatti, Salem, Ilavala, Mysore, Haveri, City Centre Mall, Rohini and Devpuri, Raipur.

The company on Tuesday added that it opened 12 new stores at Daund, Pune, Tiruvottiyur, Chennai, SGBL Square Mall, Cuttack, Kanpur Road, Lucknow, Omaxe Connaught Place Mall, Greater Noida, IMT Faridabad, Dattawadi, Pune, Sarkanda, Bilaspur, Zundal, Gandhinagar, Singarwa, Ahmedabad, Kachimet, Nagpur and Avadi, Chennai.

With latest expansion announced by Avenue Supermarts its total store count stood at 500.

Meanwhile, Avenue Supermarts shares were witnessing heavier than usual trading activity. As trading volume on NSE spiked by 1.7 times to 18.22 lakh shares compared with an average trading volume of 10.67 lakh shares.

On the BSE, as many as 1.63 lakh shares changed hands compared with an average of 47,000 shares traded daily in the past two weeks.

DMart Q3 results

The supermarket chain operator reported an 18.27% year-on-year (YoY) surge in its consolidated net profit to ₹855.92 crore for the third quarter of the 2025-26 financial year (Q3FY26).

In the corresponding period a year earlier, it had logged a profit of ₹723.72 crore, it said in a regulatory filing on Saturday.

Its profit after tax (PAT) margin grew to stand at 4.7% in Q3FY26, as against 4.5% in Q3 of the 2024-25 fiscal year (Q3FY25).

The company posted a 13.32% annual increase in its revenue from operations to ₹18,100.88 crore during the reporting quarter, compared to ₹15,972.55 crore in the December quarter of FY25.

As of 11:43 am, Avenue Supermarts shares traded 8.1% higher at ₹4,282, outperforming the NIFTY50 index which was up 2.3%.