 "DMart")
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A DMart store in Mumbai. (Photo: Bloomberg)
Discount retailer DMart (Avenue Supermarts) hit its highest levels in a year and a half last week and is up over 11 per cent in the last one month.
The company depends on low operating costs to offer the lowest prices to consumers, which enables sales velocity and scale, further reducing costs.
This virtuous feedback loop has helped DMart gain market share in a sector dominated by unorganised stores.
DMart is also scaling its private
First Published: Mar 25 2024 | 9:22 PM IST