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Avenue Supermarts purchases 17 retail units in Mumbai: Report

08 Sep 2023 Evaluate

Avenue Supermarts has reportedly acquired 17 retail units in Kandivali West, Mumbai. The company has bought theses commercial units for worth Rs 88.74 crore. The carpet area of the commercial units totals 45,876.92 sq ft. The company had entered into agreement on August 24, 2023. 

Earlier, the company had opened a new store at Morbi, Gujarat on September 4, 2023. The total number of stores as on September 4, 2023 stands at 333. 

Avenue Supermarts is a Mumbai-based company, which owns and operates DMart stores. D-Mart is an emerging national supermarket chain that offers customers a range of home and personal products under one roof.

Peers
Company Name CMP
Avenue Supermarts 3711.95
Trent 2772.20
Vishal Mega Mart 101.30
PN Gadgil Jewellers 609.10
Aditya Birla Life 82.36
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