Avenue Supermart shares drop 0.87% as Sensex rises

Shares of Avenue Supermarts Ltd. traded 0.87 per cent down at Rs 3465.0 at 01:31PM (IST) on Monday, even as BSE benchmark Sensex gained 155.66 points to 59988.63. The scrip had settled at Rs 3495.25 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 4606.0 and Rs 3185.1, respectively.

As per BSE data, total traded volume on the counter till 01:31PM (IST) stood at 01:31PM shares with turnover at Rs 2.05 crore.

At the prevailing price, the stock trades at 95.71 times its trailing 12-month EPS of Rs 36.2 per share and 18.94 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 is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, 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 31-Dec-2022, while FIIs owned 8.63 per cent and DIIs 7.06 per cent.