Avenue Supermart Stock Price: As Nifty rose, Avenue Supermart stock price fell by 2.85%.
The counter opened at Rs 4664.65 and has hit intraday highs and lows of Rs 4664.65 and Rs 4507.0 respectively in the session so far. The shares of Avenue Supermarts Ltd. hit a 52-week high of Rs 4916.15 and a 52-week low of Rs 3428.2.
According to BSE, the total market capitalization of Avenue Supermarts Ltd. was Rs 303544.2 crore at the time of writing this report.
main financial
The company reported consolidated net sales of Rs 12764.42 crore for the quarter ended March 31, 2024, down 6.18% from Rs 13605.39 crore in the previous quarter and 20.11% down from Rs 10627.18 crore in the year-ago quarter.
Its net profit in the latest quarter was Rs 563.25 crore, up 22.41% year-on-year.
stock holding pattern
As of March 31, 2024, domestic institutional investors held 7.29% of the company’s shares, foreign institutional investors held 8.26%, and promoters held 74.65%.
Evaluation ratio
The stock traded at a price-to-earnings multiple of 119.69 and a price-to-book ratio of 15.76, according to BSE data. A higher P/E ratio indicates that investors are willing to pay a higher price due to expectations of better future growth. Price book value represents the intrinsic value of a company and measures the price investors are prepared to pay even if the company does not grow.
Avenue Supermarts Ltd. belongs to the Supermarket industry.
