Avenue Supermart share price: Avenue Supermart rises 0.81% as Sensex slides

Shares of Avenue Supermarts Ltd. traded at Rs 2881.7 on BSE at 10:15AM (IST) on Monday, up 0.81 per cent from previous close.

The stock quoted a 52-week low price of Rs 1900.0 and a high of Rs 3328.0.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 9,654 lakh shares changed hands on the counter till 10:15AM (IST).

The stock of Avenue Supermarts Ltd. commanded a market value of Rs 185169.63 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 193.51, while the price-to-book value ratio stood at 12.87. Return on equity (ROE) was at 11.74 per cent, according to exchange data.

In the BSE500 pack, 275 stocks traded in the green, while 225 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.0.

Promotor/FII Holding

Promoters held 74.99 per cent in Avenue Supermarts Ltd. as of 31-Mar-2021 while foreign portfolio investors and domestic institutional investors owned 10.17 per cent and 6.07 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 2536.7 on May 03, while the 50-DMA was at 2970.48. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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