DMart share price slumped 6% on Tuesday amid reports of a block deal in the stock. DMart shares declined as much as 5.98% to ₹3,928.90 apiece on the NSE.
Around 16 lakh Avenue Supermarts shares changed hands in multiple transactions on the stock exchanges, according to a report by CNBC-TV18. DMart shares were reportedly traded at an average price of ₹4,000, resulting in a total transaction value of approximately ₹634 crore.
The identities of the buyers and sellers involved in the Avenue Supermarts block deal remain undisclosed at this time.
At 1:25 PM, DMart share price was trading 1.86% lower at ₹4,100.25 apiece on the BSE.
