Avenue Supermarts DMart , the parent company of the popular Indian supermarket chain DMart, is actively seeking new business partnerships through its official website. The retail giant is opening doors for potential collaborations in two key areas: product supply and real estate.

Supplier Opportunities

DMart is inviting suppliers to showcase their products on its shelves across numerous locations. The company is particularly interested in quality products such as sweets, groceries, and household items. This move could potentially offer suppliers significant exposure to DMart's extensive customer base.

Real Estate Partnerships

In addition to product partnerships, DMart is also reaching out to property owners. The company is looking to lease real estate for its storage and retail operations, indicating plans for continued expansion of its physical presence.

Application Process

Interested suppliers and property owners can easily apply through the 'Partner With Us' section on DMart's official website. The application process requires providing basic details along with specific information about products or properties.

Company Background

Founded by Radhakishan Damani in 2002, DMart has built its reputation on a low-price model. The company achieves this by negotiating with suppliers for lower costs and passing these savings on to customers. This strategy has contributed to DMart's significant growth over the years.

Current Presence

DMart's operations currently span over 70 cities across 11 states in India. Its presence is particularly strong in states including Maharashtra, Gujarat, and Andhra Pradesh, among others.

This initiative for new partnerships suggests DMart's commitment to expanding its product range and geographical footprint. It also presents opportunities for businesses and property owners to align with one of India's fastest-growing retail chains.

For suppliers and property owners interested in partnering with DMart, the company's website offers a straightforward application process, potentially opening doors to a mutually beneficial business relationship.

Avenue Supermarts DMart , the parent company of D-Mart retail chain, witnessed a significant block trade on the National Stock Exchange (NSE) recently. The transaction, valued at Rs. 124.64 crore, involved approximately 263,299 shares changing hands.

Block Trade Details

The block trade was executed at a price of Rs. 4,733.90 per share, highlighting substantial investor interest in the company. Block trades are large, privately negotiated transactions of securities that occur outside the regular trading market.

Impact on Market

This sizeable transaction in Avenue Supermarts' shares could potentially influence market sentiment towards the stock. Block trades of this magnitude often attract attention from market participants and analysts, as they may indicate shifts in institutional holdings or significant investor movements.

About Avenue Supermarts

Avenue Supermarts operates D-Mart, one of India's largest and fastest-growing retail chains. The company is known for its efficient operations and value-for-money proposition in the hypermarket and supermarket segment.

While this block trade represents a notable market event, investors and market watchers will likely keep a close eye on any potential impact on the company's stock price and trading volumes in the coming days.