Avenue Supermart stock price up 3.29 per cent as Sensex climbs
As of 31-Mar-2024, promoters held 74.65 per cent stake in the company, while FIIs held 8.26 per cent and domestic institutional investors had 7.29 per cent.
Shares of . rose 3.29 per cent to Rs 4631.15 at 10:25AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session.As per data available on , total traded quantity on the counter stood at 4,562 shares with a turnover of Rs 2.09 crore till 10:25AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 124.41, while the price-to-book value ratio stood at 13.72.
Return on equity (ROE) was at 14.83 per cent, according to exchange data. The stock hit an intraday high of Rs 4645.9 and a low of Rs 4465.1 during the session and quoted a 52-week high price of Rs 4888.0 and a 52-week low of Rs 3353.05.
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 3893.8 on April 30, while the 50-DMA was at Rs 4235.72. 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 56.47. 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 31-Mar-2024, promoters held 74.65 per cent stake in the company, while foreign institutional investors held 8.26 per cent and domestic institutional investors had 8.51 per cent.
Source: Stocks-Markets-Economic Times
