AVENUE SUPERMARTS OPENS 3 NEW D'MART STORES IN NORTH INDIA

has expanded it's retail footprint with the opening of 3 new DMart stores across North India, thereby bringing the total store count to 452. These new stores opened in Kota, Ghaziabad, and Greater Noida marks another milestone in the company's ongoing expansion strategy. Having a market cap of Rs 2.52 lac crores, the company has reported a strong sales growth of 24% CAGR and profit growth of 22% CAGR over the past 3 year. The stock price has taken support at Rs 3600 levels and facing resistance at Rs 4000 levels. Any breakout above Rs 4000 per share could indicate a strong momentum in the stock.