The counter had a total traded volume of 10:20AM shares so far with a turnover of Rs 1.84 crore on BSE. The stock traded at a price-to-earnings multiple of 225.43 and a price-to-book ratio of 15.17.
A higher price-to-earnings 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 is the measure of the price that investors are ready to pay even for no growth in the business.
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 6.7 per cent, respectively.
Key Financials
The company reported consolidated net 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.
Its profit for the latest quarter stood at Rs 95.37 crore, up 137.89 per cent from the same quarter a year ago.
