Trending stocks: DMart shares slip 5% in early trade

NEW DELHI: Shares of Avenue Supermarts traded 5 per cent down in Monday 's trade at 09:28 am (IST).

Around 77164 shares changed hands on the counter. The stock opened at Rs 2320.0 and touched an intraday high and low of Rs 2320.0 and Rs 2273.05 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 2554.5 and a 52-week low of Rs 1125.75 .


Avenue Supermarts, which owns and operates retail chain DMart, said operations of half of its stores are closed, following the directions issued by authorities amid the lockdown.

Financials
Avenue Supermarts Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 156003.58 Crore) operating in Retail sector.

For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 6808.93 Crore, up 13.66 % from last quarter Sales of Rs 5990.78 Crore and up 24.38 % from last year same quarter Sales of Rs 5474.27 Crore. The Company reported net profit after tax of Rs 384.01 Crore in latest quarter.

Avenue Supermarts Ltd. key Products/Revenue Segments include Income from Retailing which contributed Rs 19881.55 Crore to Sales Value (99.82 % of Total Sales) and Other Operating Revenue which contributed Rs 34.70 Crore to Sales Value (0.17 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 77.2718 per cent stake in the company as of quarter ended 31st Dec 2019 .

Valuation ratio
It quoted a price-to-earnings ratio of 126.9 and price to book value of 26.72 .