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Shares of Avenue Supermarts Limited (NSE:DMart) jumped 8.54% to ?4,294.80 on Wednesday, driven by the retailer's rapid expansion. The stock has gained 9.07% over the past five trading days and 12.06% over the past month. This surge follows DMart's opening of 12 new stores on March 31, including locations in Pune, Chennai, and Lucknow, bringing its total to 500 stores.The Mumbai-based company is aggressively expanding, having opened 22 new stores in the last three days of March. DMart's strong financial performance supports this growth, with a third-quarter net profit increase of 18.27% year-on-year to ?855.78 crore and a revenue rise of 13.32% to ?18,100.88 crore. DMart remains a leading player in India's value retail sector, offering a wide range of products.

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