Share price of Avenue Supermart rises as Nifty weakens

economictimes.indiatimes.com:

Avenue Supermarts Ltd. gained 0.24 per cent to Rs 3508.0 in Thursday's trade as of 10:45AM (IST).

The stock hit a high price of Rs 3553.1 and low of Rs 3500.05 during the session. The return on equity (ROE) for the stock stood at 14.79 per cent.

Traded volume on the counter stood at 10:45AM shares and turnover at Rs 286.0 crore around that time. The stock of Avenue Supermarts Ltd.

quoted a 52-week high and 52-week low prices of Rs 4606.0 and Rs 3292.65, respectively. The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.0.Promotor/FII Holding Promoters held 74.65 per cent stake in the company as of 30-Jun-2023, while foreign investors held 8.17 per cent and domestic institutional investors had 7.61 per cent.Key Financials The company reported consolidated sales of Rs 11904.18 crore for the quarter ended 30-Jun-2023, up 12.02 per cent from previous quarter's Rs 10627.18 crore and up 18.25 per cent from the year-ago quarter's Rs 10067.21 crore.