Avenue Supermart stock price down 0.22 per cent as Sensex climbs

Shares of Avenue Supermarts Ltd. fell 0.22 per cent to Rs 4944.5 at 01:23PM 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 3,920 shares with a turnover of Rs 1.93 crore till 01:23PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 120.98, while the price-to-book value ratio stood at 15.76.

Return on equity (ROE) was at 13.56 per cent, according to exchange data. The stock hit an intraday high of Rs 5000.0 and a low of Rs 4907.15 during the session and quoted a 52-week high price of Rs 5220.0 and a 52-week low of Rs 3531.0.


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 4353.47 on August 28, while the 50-DMA was at Rs 4942.18. 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 47.87. 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-2024, promoters held 74.65 per cent stake in the company, while FIIs held 9.22 per cent and domestic institutional investors had 7.94 per cent.