Avenue Supermarts Share Price: Radhakishan Damani's retail company Avenue Supermarts, which operates stores under the brand name DMart, has seen a huge jump in its stocks after a long time. In the last trading session of the week on January 3, 2025, Avenue Supermarts' shares jumped 15 per cent. In a single day, the stock jumped 15 per cent or Rs 554 to reach Rs 4165, after which the stock hit an upper circuit. 

Avenue Supermarts presented excellent results in the third quarter of FY 2024-25, due to which the stock of DMart became a rocket in today's session. Despite the challenge from quick commerce companies, the company presented excellent results, due to which the stock returned to green. In the third quarter, the company's revenue has jumped by 17.5 percent to Rs 15565.23 crore, which was Rs 13,247.33 crore in the same quarter of the previous financial year. As of December 31, 2024, the company has a total of 387 stores across the country. 

Despite the fall in the stock market on Friday, January 3, 2025, the stock of Avenue Supermarts has been rising strongly. In the last session, the stock closed at Rs 3611, which rose by more than 15 percent to Rs 4166. Currently, the stock is trading at Rs 4024 with a jump of 11.43 percent. The stock had fallen by nearly 40 percent from its high of Rs 5900. 

After the excellent results of Avenue Supermarts, foreign brokerage house CLSA has given an outperform rating and advised to buy the stock for a target of Rs 5360. However, Morgan Stanley and Macquarie have reduced the weightage and given a target of Rs 3700.  

Experts believe that DMart is a discount retailer. Due to this, consumers get goods at lower prices which is helping in increasing sales. This has helped DMart to increase its market share in markets that are very price sensitive. CLSA had said in a report that DMart is a big player in India's $500 billion food and grocery market. Currently, this space is occupied by small retailers. CLSA believes that in the next 25 years, TAM will grow to $2.3 trillion in which DMart's share will increase from the current one percent to 5 percent.