Avenue Supermarts (Dmart) Share Price Falls Over 2.7% Despite New Store Openings

Mumbai, March 13: Share price of Avenue Supermarts Limited declined during trade on March 13, 2026, so far, even as the company disclosed new store additions. The stock traded at ₹3,846.50, down ₹107.10 or 2.71% from the previous close of ₹3,953.60, as of 2:09 pm IST on the NSE.

The decline came after the company informed exchanges about new retail expansion, while the stock had already risen in the previous few sessions.

Why Avenue Supermarts (Dmart) Share Price Moved

In a regulatory filing dated March 12, 2026, the company informed the exchanges that it had opened two new DMart stores. The new outlets are located in Bavdhan, Pune (Maharashtra) and Chilakaluripeta, Palnadu (Andhra Pradesh).

Following these openings, the company’s total store count increased to 463. The disclosure was signed by Ashu Gupta, Company Secretary and Compliance Officer, according to the filing submitted to both the NSE and BSE.

While store expansion remains central to DMart’s growth strategy, such incremental additions are routine.

Avenue Supermarts (Dmart) Stock Performance Snapshot

As of 2:09 pm IST on March 13, 2026, the stock was trading lower during the day.

• As of 2:09 pm IST on March 13, 2026,
• Current Price: ₹3,846.50
• Change: -₹107.10 (-2.71%)
• Previous Close: ₹3,953.60
• Day’s High: ₹4,056.00
• Day’s Low: ₹3,834.00

Despite the decline on the day, the stock had shown strength earlier in the week. Data indicates the share price had gained more than 3% over the previous five sessions, before the latest pullback.

What This Means for Investors

The latest store openings reflect the company’s steady brick-and-mortar expansion model, which has historically driven revenue growth. DMart continues to expand its presence in both western and southern Indian markets.

However, incremental store additions are generally expected by investors, as the company regularly expands its retail network. Market participants therefore tend to react more strongly to earnings updates, margin trends, or unusually large expansion announcements.

About The Company

Avenue Supermarts Limited operates the DMart chain of supermarkets, focusing on value retail across food, FMCG, apparel, and general merchandise.

Founded by investor Radhakishan Damani, the company follows a low-cost retail model, emphasizing owned store properties, tight inventory control, and competitive pricing.

As of March 12, 2026, the company operates 463 stores across India, according to its exchange filing.

Conclusion

The decline in Avenue Supermarts’ share price on March 13, 2026, so far came despite the announcement of two new DMart store openings. While the expansion increases the company’s nationwide footprint, the update appeared largely in line with the company’s ongoing growth strategy.

Source:

• https://www.nseindia.com/get-quote/equity/DMART/Avenue-Supermarts-Limited
• https://nsearchives.nseindia.com/corporate/DMART_12032026165724_ASLInitmationStoreOpening12032026.pdf