Avenue Supermarts Opens Three New DMart Stores; Total Store Count Reaches 452

Avenue Supermarts Limited, the operator of the DMart retail chain, has continued its expansion strategy with the opening of three new stores across Rajasthan and Uttar Pradesh. 

The development reflects the company’s ongoing focus on strengthening its physical retail presence in key consumption markets while steadily expanding its nationwide network of value retail outlets.

New Store Openings Announced

The company informed stock exchanges that three new DMart outlets commenced operations on 23 February 2026. 

The newly opened stores are located at Rajeev Gandhi Nagar in Kota, Rajasthan, WSM Mall in Ghaziabad, Uttar Pradesh, and Galaxy Blue Sapphire Mall in Greater Noida, Uttar Pradesh.

With these additions, Avenue Supermarts’ total store count has increased to 452, further extending its reach across urban and semi-urban markets.

Expansion Strategy and Market Presence

The continued store rollout aligns with the company’s measured expansion approach, which focuses on increasing accessibility while maintaining operational efficiency. 

DMart has historically emphasised physical store-led growth supported by disciplined location selection and inventory management.

Expansion into high-density residential and commercial areas is expected to support customer footfall and strengthen regional market penetration.

Avenue SupermartsShare Price Performance

Shares of Avenue Supermarts traded largely flat during the session, reflecting limited immediate market reaction to the store expansion announcement. The stock was quoted at ₹3,844.60, marginally lower by ₹0.70 or 0.02% compared with the previous close of ₹3,845.30.

During the trading session, the stock opened at ₹3,840.00 and moved within a narrow range, touching an intraday high of ₹3,850.00 and a low of ₹3,798.60, indicating stable trading activity.

Read More: Nifty Struggles Near 25,400 as IT Sell-Off Weighs on Markets on Feb 24; L&T Shares Decline.

Conclusion

The addition of new stores highlights Avenue Supermarts’ steady expansion strategy as it continues to grow its retail footprint across India. While the market response remained muted in the short term, the company’s consistent store rollout reflects its focus on long term operational growth and strengthening its presence in key consumption regions.

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