AgenciesShares of Avenue Supermarts Ltd. traded 0.58 per cent up at Rs 3416.15 at 11:32AM (IST) on Friday, even as BSE benchmark Sensex gained 26.0 points to 52863.21.
The stock had settled at Rs 3396.5 in the previous session. The stock quoted a 52-week high price of Rs 3446.2 and 52-week low of Rs 1949.3, respectively. As per BSE data, total traded volume on the counter till 11:32AM (IST) stood at 3059 shares with a turnover of Rs 1.04 crore.
At the current price, shares of the company traded at 191.41 times its trailing 12-month earnings per share of Rs 17.83 per share and 12.87 times its price-to-book value, exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.
Price-to-book value indicates the inherent value of a company and reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 1.0.
Shareholding Details
Promoters held 74.99 per cent stake in the company as of 30-Jun-2021, while FIIs owned 10.04 per cent and DIIs 6.19 per cent.
Technicals
On the technical charts, the relative strength index (RSI) of the stock stood at 63.55. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Chartists say, RSI should not be seen in isolation, as it may not be sufficient to take a trading call, just the way fundamental analysts cannot give a'buy' or'sell' recommendation using a single valuation ratio.
The stock had settled at Rs 3396.5 in the previous session. The stock quoted a 52-week high price of Rs 3446.2 and 52-week low of Rs 1949.3, respectively. As per BSE data, total traded volume on the counter till 11:32AM (IST) stood at 3059 shares with a turnover of Rs 1.04 crore.
At the current price, shares of the company traded at 191.41 times its trailing 12-month earnings per share of Rs 17.83 per share and 12.87 times its price-to-book value, exchange data showed.
Did you Know?
Stock score of Avenue Supermarts Ltd moved down by 1 in a month on a 10-point scale.
View Latest Stock Report »A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.
Price-to-book value indicates the inherent value of a company and reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 1.0.
Shareholding Details
Promoters held 74.99 per cent stake in the company as of 30-Jun-2021, while FIIs owned 10.04 per cent and DIIs 6.19 per cent.
Technicals
On the technical charts, the relative strength index (RSI) of the stock stood at 63.55. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Chartists say, RSI should not be seen in isolation, as it may not be sufficient to take a trading call, just the way fundamental analysts cannot give a'buy' or'sell' recommendation using a single valuation ratio.
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