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    Avenue Supermart shares up 0.31% as Nifty gains

    Synopsis

    A total of 7,003 shares changed hands on the counter till 01:00PM (IST).

    NEW DELHI: Shares of Avenue Supermarts Ltd. traded 0.31 per cent up in Wednesday's trade at 01:00PM (IST). Around 7,003 shares changed hands on the counter.

    The stock opened at Rs 3395.0 and touched an intraday high and low of Rs 3395.0 and Rs 3330.0, respectively, in the session so far. The stock of Avenue Supermarts Ltd. quoted a 52-week high of Rs 3425.0 and a 52-week low of Rs 1900.0.

    Total market cap of the Avenue Supermarts Ltd. stood at Rs 218439.34 crore at the time of writing this report.

    Did you Know?

    Stock score of Avenue Supermarts Ltd moved down by 1 in a week on a 10-point scale.

    View Latest Stock Report »

    Key Financials
    The company reported consolidated net sales of Rs 7459.8 crore for the quarter ended 31-Mar-2021, down 1.68 per cent from previous quarter's Rs 7587.32 crore and down 18.58 per cent from the year-ago quarter's Rs 6290.78 crore.

    The net profit for latest quarter stood at Rs 413.88 crore, up 52.56 per cent from the corresponding quarter last year.

    Shareholding pattern
    As of 31-Mar-2021, DIIs held 6.07 per cent stake in the company, while foreign institutional investors held 10.17 per cent and the promoters 74.99 per cent.


    Valuation ratio
    According to BSE data, the stock traded at a P/E multiple of 198.67 and a price-to-book ratio of 12.87. 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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