Avenue Supermart shares rise 0.98% as Sensex slides

Avenue Supermart shares rise 0.98% as Sensex slides
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Synopsis

A total of 65,202 shares changed hands on the counter till 12:23PM (IST)

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RSI has turned north from the 60 level, confirming bullishness.
Shares of the Avenue Supermarts Ltd. traded at Rs 4075.9 on BSE at 12:23PM (IST) on Tuesday, up 0.98 per cent from previous close.

The stock quoted a 52-week low price of Rs 2610.8 and a high of Rs 5899.9.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 65,202 lakh shares changed hands on the counter till 12:23PM (IST).

The stock of Avenue Supermarts Ltd. commands a market value of Rs 263641.06 crore.

The stock traded at a price-to-earning (P/E) multiple of 178.18, while the price-to-book value ratio stood at 15.17. Return on equity (ROE) was at 9.02 per cent, according to exchange data.

In the BSE500 pack, 296 stocks traded in the green, while 203 stocks were in the red.

Promotor Holding
Promoters held 74.99 per cent in the Avenue Supermarts Ltd. as of 31-Dec-2021 while foreign portfolio investors and domestic institutional investors owned 9.44 per cent and 6.73 per cent, respectively.

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