DMart Shares Dip; BSE Seeks Clarification on Friday’s Stock Rise

DMart shares witnessed a steep decline of about 2% in today’s trading session amid weak market sentiment and BSE’s questioning of the company's trading volumes.

Following a sharp rise in stock and movements in volume, BSE sought clarification from Avenue Supermarts .

However, the company replied back by saying that it has adhered to all the relevant disclosure norms under SEBI rules and has furnished all the material information, highlighting that the stock movement is purely market driven.

Shares of DMart are currently trading at ₹3,948.85 apiece, down 1.84%. However, despite the decline, the stock has jumped 11% in January.

During Friday’s trading session, shares of DMart surged by about 15% after Avenue Supermarts reported its Q3 (Q3FY25) numbers. The company’s revenue surged by 17.49% to ₹15,565.23 crore as compared to ₹13,247.33 crore in the corresponding period last year.