Avenue Supermart shares up 0.56% as Nifty gains
A total of 41,916 shares changed hands on the counter till 12:13PM (IST).
NEW DELHI: Shares of . traded 0.56 per cent up in Monday's trade at 12:13PM (IST). Around 41,916 shares changed hands on the counter.The counter opened at Rs 5070.05 and touched an intraday high and low of Rs 5166.1 and Rs 4940.95, respectively, in the session so far. The stock of . quoted a 52-week high of Rs 5220.0 and a 52-week low of Rs 3493.05.
Total market cap of the Ltd. stood at Rs 324588.91 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 14110.74 crore for the quarter ended 30-Jun-2024, up 10.55 per cent from previous quarter's Rs 12764.42 crore and up 18.54 per cent from the year-ago quarter's Rs 11904.18 crore.
The net profit for latest quarter stood at Rs 773.82 crore, up 17.47 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Jun-2024, domestic institutional investors held 6.81 per cent stake in the firm, while foreign institutional investors held 9.22 per cent and the promoters 74.65 per cent.
Valuation ratio
According to data, the stock traded at a price-to-earnings multiple of 122.43 and a price-to-book ratio of 15.76. 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.
Ltd. belongs to the Supermarkets industry.
Source: Stocks-Markets-Economic Times
