Getty ImagesShares of Avenue Supermarts Ltd. gained 0.8 per cent to Rs 4330.75 in Thursday's session as of 11:21AM (IST) even as the equity benchmark Sensex traded 149.2 points higher at 55618.1.
Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 5899.9 and a 52-week low of Rs 2677.0 on NSE. Around 16981 shares changed hands on the counter till 11:21AM (IST).
The stock opened at Rs 4350.0 and has touched an intraday high and low of Rs 4398.85 and Rs 4285.8 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 189.26, earnings per share (EPS) of Rs 22.84 and price to book value (PB) of 15.17, while the return on equity (ROE) stood at Rs 9.02.
Promoter/ FII Holding
The promoters held 74.99 per cent stake in the company as of March 03, while FII and MF ownerships stood at 9.44 per cent and 6.23 per cent, respectively.
Key Financials
With a market capitalisation of Rs 280033.0 crore, the company operates in the Supermarkets industry. For the quarter ended 31-Dec-2021, the company reported consolidated sales of Rs 9243.72 crore, up 18.26 per cent from the previous quarter?s Rs 7816.44 crore and up 21.83 per cent from the same quarter a year ago. The company reported net profit of Rs 552.56 crore for the latest quarter, up 23.62 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 56.27. 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. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 5899.9 and a 52-week low of Rs 2677.0 on NSE. Around 16981 shares changed hands on the counter till 11:21AM (IST).
The stock opened at Rs 4350.0 and has touched an intraday high and low of Rs 4398.85 and Rs 4285.8 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 189.26, earnings per share (EPS) of Rs 22.84 and price to book value (PB) of 15.17, while the return on equity (ROE) stood at Rs 9.02.
Promoter/ FII Holding
The promoters held 74.99 per cent stake in the company as of March 03, while FII and MF ownerships stood at 9.44 per cent and 6.23 per cent, respectively.
Key Financials
With a market capitalisation of Rs 280033.0 crore, the company operates in the Supermarkets industry. For the quarter ended 31-Dec-2021, the company reported consolidated sales of Rs 9243.72 crore, up 18.26 per cent from the previous quarter?s Rs 7816.44 crore and up 21.83 per cent from the same quarter a year ago. The company reported net profit of Rs 552.56 crore for the latest quarter, up 23.62 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 56.27. 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. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
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