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    Avenue Supermart shares gain 0.75% as Sensex rises

    Synopsis

    A total of 12,688 shares changed hands on the counter till 12:38PM (IST)

    stock-market-2---gettyGetty Images
    India 10-year bond yield fell 0.41 per cent to 5.89 after trading in 5.87-5.91 range
    Shares of Avenue Supermarts Ltd. traded 0.75 per cent up at Rs 4737.25 at 12:38PM (IST) on Monday, even as BSE benchmark Sensex gained 392.07 points to 73480.4. The stock had settled at Rs 4701.9 in the previous session.

    The stock quoted a 52-week high and 52-week low of Rs 4834.4 and Rs 3353.05, respectively.

    As per BSE data, total traded volume on the counter till 12:38PM (IST) stood at 12:38PM shares with turnover at Rs 6.0 crore.

    At the current price, the stock trades at 125.66 times its trailing 12-month EPS of Rs 37.39 per share and 13.72 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 74.65 per cent stake in the company as of 31-Mar-2024, while FIIs owned 8.26 per cent and DIIs 8.51 per cent.


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    (You can now subscribe to our ETMarkets WhatsApp channel)
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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