Avenue Supermart stock price up 1.25 per cent as Sensex climbs
Avenue Supermarts Ltd. rose 1.25 per cent to Rs 3710.25 at 10:20AM hours (IST) on Wednesday.
Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 2,600 shares with a turnover of Rs 9627.0 crore till 10:20AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 101.27, while the price-to-book value ratio stood at 13.72.
Return on equity (ROE) was at 14.79 per cent, according to exchange data.
The stock hit an intraday high of Rs 3728.75 and a low of Rs 3684.45 during the session and quoted a 52-week high price of Rs 4606.0 and a 52-week low of Rs 3292.65.
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 3671.68 on August 30, while the 50-DMA was at Rs 3711.54. 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 61.54.
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 30-Jun-2023, promoters held 74.65 per cent stake in the company, while FIIs held 8.17 per cent and domestic institutional investors had 7.61 per cent.
