Avenue Supermart share price: Share price of Avenue Supermart jumps as Sensex gains 9.47 points

The share price of Avenue Supermarts Ltd. gained 1.24 per cent to Rs 3454.4 at 10:20AM (IST) in Monday’s trade. The counter has hit a high of Rs 3463.75 and low of Rs 3401.0 so far during the session. The stock had closed at Rs 3412.05 in the previous session.

The counter has had a total traded volume of 4207 shares so far with a value of Rs 1.44 crore on the NSE. It traded at a price-to-earnings multiple of 193.42 and a price-to-book ratio of 12.87.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 69.67 per cent during the past one year, while the 30-share index advanced 39.9 per cent during the same period.

Avenue Supermarts Ltd. belongs to the Supermarkets industry.


Promotor/FII Holding

Promoters held 74.99 per cent stake in the company as of 30-Jun-2021, while FIIs and domestic institutional investors ownership stood at 10.04 per cent and 6.19 per cent, respectively.

Key Financials

The firm reported consolidated sales of Rs 5214.58 crore for the quarter ended 30-Jun-2021, down 30.1 per cent from the previous quarter’s Rs 7459.8 crore and down 32.56 per cent from the year-ago quarter’s Rs 3933.78 crore.

Profit for the latest quarter stood at Rs 95.37 crore, up 137.89 per cent from the same quarter a year ago.

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