DMart Shares Post Biggest Single-Day Gain Since February 10, 2020; Here Is Why Shares of Avenue Supermarts, the parent company of the DMart retail chain, surged to their largest single-day gain in over six years on April 1, 2026, as the stock climbed as much as 8.42% to hit an intraday high of ₹4,294.80 on the National Stock Exchange. On the BSE, the stock rose 8.37% to ₹4,293, driven by the company’s recent announcement of expanding its retail footprint across India. This marked the most significant daily movement in DMart’s stock since February 10, 2020, reflecting investor optimism about the retailer’s growth strategy and financial performance. The stock’s rally followed a series of filings by Avenue Supermarts, which disclosed the opening of 23 new retail stores across the country in late March 2026. The expansion brought the company’s total store count to 500, with new locations added in multiple cities and towns. The company’s aggressive rollout included 23 stores opened in a single week, with the latest batch of 12 new locations announced on March 29, 2026. These additions included cities like Pune, Chennai, Lucknow, and Ahmedabad, as well as smaller towns such as Bilaspur and Zundal. The expansion efforts were highlighted by specific announcements made by Avenue Supermarts on consecutive days. On March 28, the company reported opening a DMart store at Gopalan Arcade Mall in Bengaluru, raising its store count to 478. By March 29, three new stores were added in Nagpur, Ghaziabad, and Jabalpur, bringing the total to 481. On March 30, seven new stores were launched in cities like Gandhinagar, Salem, and Mysore, pushing the count to 488. The following day, the company announced 12 more stores, including locations in Pune, Cuttack, and Greater Noida, which brought the total to 500.#india #bse #national_stock_exchange #avenue_supermarts #dmart
