Dmart stock gains as Maharashtra lockdowns build pressure on firm: Analysts

As much as 72 per cent of the company's stores reached their full strength almost in December, signaling a recovery

From its lows in October, the Avenue Supermarts (DMart) stock has gained 49 per cent riding on improved demand and a recovery in operational metrics. Around 72 per cent of its stores reached 96 per cent of year-ago levels in December, signalling a sharp recovery. Except for out-of-home products, the sales and mix of most other categories are now in line with pre-pandemic trends.

The near-term trigger for the company would be the expansion of its physical store network and improvement in margins. Given its cluster-based approach and the fact that it trumps peers across most operational metrics, its expansion shall