Shares of Avenue Supermarts, which operates the retail chain DMart, garnered traction in Wednesday’s trading session, January 7, as they gained 5% to the day’s high of ₹3,844.70 apiece, marking their biggest single-day gain since mid-August 2025.
On BSE, 82,000 shares of DMart changed hands as of 2.40 pm, as against the two-week average of 39,000 shares. Meanwhile, 11.54 lakh shares were traded on NSE.
Today’s rally has also provided some relief to the company’s shareholders, as the stock has been under prolonged selling pressure since reaching a one-year high of ₹4,949 in September.
The sell-off had deepened following the release of the December quarter business update last week, which pushed the stock to its lowest level since March 2025, as both topline growth and store expansion fell short of analysts’ estimates.
DMart December quarter update
For the December-ending quarter (Q3FY26), Radhakishan Damani-owned DMart reported standalone revenue from operations of ₹17,612.62 crore, reflecting a 13.15% increase from ₹15,565.23 crore in the same quarter of the previous fiscal year, as per the company’s regulatory filing last Friday.
Though the company posted double-digit topline growth, the momentum moderated compared to the 16% and 15% YoY growth recorded in the first two quarters of FY26.
Domestic brokerage firms JM Financial and Motilal Oswal had estimated a 17% revenue growth, according to the latest reports shared by the brokerages.
DMart share price trend
From the September highs of ₹4,949, the shares have lost 23% of their value. This followed a prolonged bull run between February and August 2025, during which the stock had rallied 40%.
In terms of yearly performance, the stock finished 2025 with a modest growth of 6.20%, recovering from a 12.8% drop in 2024. From its record high of ₹5,900, the stock is currently down 35.2%.
Anshul Jain, Head of Research at Lakshmishree, said, “DMart has spent the last 22 weeks locked in a broad 3205 to 3518 range, with price trending lower for nearly 18 consecutive weeks and correcting over 27% from recent highs. This prolonged decline signals selling exhaustion rather than fresh distribution. The structure now shows early signs of stabilisation, with the last four sessions printing clear institutional long-side volumes, hinting at accumulation at lower levels”
