Retail

DMart shares fall 3% after ₹2,600 crore block deal

1.06% equity changes hands; merchants track ownership shift against steady Q1 profit growth.

Meera Iyer, Retail correspondent·28 August 2026·4 min read

Supermarket aisle with stacked grocery cartons under fluorescent lights

Avenue Supermarts shares dropped more than 3% on 26 August after 69.1 lakh shares, or 1.06% equity, changed hands in a block deal estimated at ₹2,600-2,700 crore. Identities of buyers and sellers stayed undisclosed. The stock traded near ₹3,781. Q1 FY27 standalone net profit had risen 12.8% to ₹935.8 crore on 15.1% revenue growth to ₹18,343.5 crore.

The block deal moved 1.06% of Avenue Supermarts equity for roughly ₹2,600-2,700 crore on 26 August, sending shares down over 3%. No buyer or seller names emerged immediately. Trading settled around ₹3,781 that afternoon.

Shop-floor managers at DMart stores watch such stake shifts for any signal on capital allocation or expansion pace. A kirana competing on price in the same catchment feels the everyday-low-price pressure more when ownership stays stable and volumes keep rising.

1.06% equity changed hands in a deal worth roughly ₹2,600-2,700 crore.

The move follows solid June-quarter numbers and comes weeks after the board cleared up to ₹500 crore more for the loss-making DMart Ready online arm. It leaves peers like Reliance Retail and local value chains watching for any change in competitive intensity on staples and private label.

Watch the next filing or bulk-deal disclosures for buyer identity and any link to the online grocery push ahead of the festive build-up.

Filed under Retail·Meera Iyer

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