Share price of Avenue Supermart  rises  as Nifty  weakens

A total of 5,981 shares changed hands on the counter till 10:35AM (IST).

Shares of . gained 0.65 per cent to Rs 3960.0 in Monday's trade as of 10:35AM (IST).

The stock hit a high price of Rs 3969.0 and low of Rs 3919.0 during the session.

The return on equity (ROE) for the stock stood at 14.83 per cent. Traded volume on the counter stood at 10:35AM shares and turnover at Rs 2.36 crore around that time.

The stock of . quoted a 52-week high and 52-week low prices of Rs 4203.0 and Rs 3292.65, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.0.

Promotor/FII Holding
Promoters held 74.65 per cent stake in the company as of 31-Dec-2023, while foreign investors held 7.96 per cent and domestic institutional investors had 8.44 per cent.

Key Financials
The company reported consolidated sales of Rs 13605.39 crore for the quarter ended 31-Dec-2023, up 7.46 per cent from previous quarter's Rs 12661.29 crore and up 17.28 per cent from the year-ago quarter's Rs 11600.61 crore.

Net profit after tax for the latest quarter stood at Rs 690.61 crore, up 17.12 per cent from the same quarter a year ago.

Source: Stocks-Markets-Economic Times

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