Share price of Avenue Supermart falls as Sensex gains 251.05 points
Avenue Supermarts Ltd. dropped 0.91 per cent to Rs 5278.4 at 01:39PM (IST) in Monday's trade. The scrip hit a high of Rs 5365.0 and low of Rs 5261.0 so far during the session. The stock had closed at Rs 5326.95 in the previous session.
The counter had a total traded volume of 01:39PM shares so far with a turnover of Rs 4.02 crore on BSE. The stock traded at a price-to-earnings multiple of 129.59 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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