New Delhi, June 10 -- 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 Rs.3,928.90 apiece on the NSE.

Around 16 lakh shares of Avenue Supermarts, the parent company of DMart retail chain, 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 Rs.4,000, resulting in a total transaction value of approximately Rs.634 crore.

The identities of the buyers and sellers involved in the Avenue Supermarts block deal remain undisclosed at this time.

Ace investor Radhakishan Damani-led Avenue Supermarts share price has gained 3% in one month and 14% in three months. The DM...