Avenue Supermart Share Price: Avenue Supermart shares up 1.38% as Nifty gains

NEW DELHI: Shares of Avenue Supermarts Ltd. traded 1.38 per cent up in Tuesday’s trade at 11:21AM (IST). Around 14,697 shares changed hands on the counter.

The counter opened at Rs 4677.0 and touched an intraday high and low of Rs 4800.0 and Rs 4676.0, respectively, in the session so far. Shares of the company of Avenue Supermarts Ltd. quoted a 52-week high of Rs 5899.9 and a 52-week low of Rs 2311.0.

Total market cap of the Avenue Supermarts Ltd. stood at Rs 307207.15 crore at the time of writing this report.




Key Financials

The company reported consolidated sales of Rs 7816.44 crore for the quarter ended 30-Sep-2021, up 49.9 per cent from previous quarter’s Rs 5214.58 crore and up 45.87 per cent from the year-ago quarter’s Rs 5358.37 crore.

The net profit for latest quarter stood at Rs 417.79 crore, up 110.42 per cent from the same quarter a year ago.

Shareholding pattern

As of 30-Sep-2021, DIIs held 6.21 per cent stake in the firm, while foreign institutional investors held 9.95 per cent and the promoters 74.99 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 223.58 and a price-to-book ratio of 15.17. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.

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