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DMart’s parent firm, Avenue Supermarts, is showing renewed strength on the charts.
SEBI-registered analyst Prabhat Mittal noted that the stock has repeatedly found support around ₹3,200 on the long-term chart, indicating accumulation by long-term investors.
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In the short term, it has been outperforming even in weak markets and recently crossed the important ₹4,550 hurdle, which Mittal described as a positive signal.
The stock is trading above all its major moving averages, and relative strength index (RSI) is showing buy signals.
Traders can buy at ₹4,748 with a strict stop loss at ₹4,400. The medium to long-term targets are ₹5,500 and ₹6,000, respectively, said Mittal.
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Steady Financial Growth
Alongside its technical strength, DMart has been reporting healthy fundamentals.
DMart's revenue and net profit increased to ₹16,359.70 crore and ₹772.81 crore, respectively, for the June 2025 quarter, up from ₹14,871.86 crore in revenue and ₹550.79 crore in net profit in the March quarter.
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What Is The Retail Mood?
On Stocktwits, retail sentiment for DMart was ‘extremely bullish’ amid ‘extremely high’ message volume.
Avenue Supermarts’ stock has risen 32.2% so far in 2025.
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