Share price of Avenue Supermart as Sensex gains 981.61 points
Avenue Supermarts Ltd. 0.33 per cent to Rs 3631.90 at 12:36PM (IST) in Friday's trade. The counter hit a high of Rs 3653.95 and low of Rs 3567.35 so far during the session. The stock had closed at Rs 3619.60 in the previous session.
The counter had a total traded volume of 12:36PM shares so far with a turnover of Rs 3.82 crore on BSE. The stock traded at a price-to-earnings multiple of 87.90 and a price-to-book ratio of 15.76.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Avenue Supermarts Ltd. belongs to the Supermarkets industry.
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