Avenue Supermart share price: Avenue Supermart stock price down 0.2 per cent as Sensex climbs

Shares of Avenue Supermarts Ltd. fell 0.2 per cent to Rs 3555.35 at 12:35PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 2,558 shares with a turnover of Rs 0.91 crore till 12:35PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 199.34, while the price-to-book value ratio stood at 15.17.

Return on equity (ROE) was at 9.02 per cent, according to exchange data. The stock hit an intraday high of Rs 3591.65 and a low of Rs 3551.15 during the session and quoted a 52-week high price of Rs 3625.0 and a 52-week low of Rs 1949.3.

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

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 2931.68 on August 12, while the 50-DMA was at Rs 3372.15. If a stock trades above 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 a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 65.71. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Jun-2021, promoters held 74.99 per cent stake in the company, while overseas investors held 10.04 per cent and domestic institutional investors had 6.7 per cent.

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