Avenue Supermart stock price up 0.1 per cent as Sensex climbs

Shares of Avenue Supermarts Ltd. rose 0.1 per cent to Rs 3545.2 at 10:56AM hours (IST) on Monday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 10,442 shares with a turnover of Rs 3.7 crore till 10:56AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 98.26, while the price-to-book value ratio stood at 18.94.

Return on equity (ROE) was at 10.94 per cent, according to exchange data. The stock hit an intraday high of Rs 3567.45 and a low of Rs 3514.65 during the session and quoted a 52-week high price of Rs 4606.0 and a 52-week low of Rs 3185.1.

The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.0.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 3964.2 on February 20, while the 50-DMA was at Rs 3765.55. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 46.07. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Dec-2022, promoters held 74.99 per cent stake in the company, while foreign institutional investors held 8.63 per cent and domestic institutional investors had 7.06 per cent.