Getty ImagesShares of Avenue Supermarts Ltd. traded 0.36 per cent down at Rs 4798.8 at 12:07PM (IST) on Thursday, even as BSE benchmark Sensex dropped 37.07 points to 58612.61.
The stock had closed at Rs 4816.35 in the previous session. The stock quoted a 52-week high price of Rs 5899.9 and 52-week low of Rs 2458.75, respectively. As per BSE data, total traded volume on the counter till 12:07PM (IST) stood at 18137 shares with a turnover of Rs 8.74 crore.
At the current price, the stock traded at 226.16 times its trailing 12-month EPS of Rs 21.21 per share and 15.17 times its price-to-book value, BSE 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-Sep-2021, while FIIs owned 9.95 per cent and DIIs 6.21 per cent.
Technicals
On the technical charts, the relative strength index (RSI) of the stock stood at 51.87. 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 closed at Rs 4816.35 in the previous session. The stock quoted a 52-week high price of Rs 5899.9 and 52-week low of Rs 2458.75, respectively. As per BSE data, total traded volume on the counter till 12:07PM (IST) stood at 18137 shares with a turnover of Rs 8.74 crore.
At the current price, the stock traded at 226.16 times its trailing 12-month EPS of Rs 21.21 per share and 15.17 times its price-to-book value, BSE 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-Sep-2021, while FIIs owned 9.95 per cent and DIIs 6.21 per cent.
Technicals
On the technical charts, the relative strength index (RSI) of the stock stood at 51.87. 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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