The scrip opened at Rs 3868.50 and touched an intraday high and low of Rs 3868.50 and Rs 3793.00, respectively, in the session so far. Shares of the company of Avenue Supermarts Ltd. quoted a 52-week high of Rs 5484.00 and a 52-week low of Rs 3400.00.
Total market cap of the Avenue Supermarts Ltd. stood at Rs 247281.82 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 14478.0200 crore for the quarter ended 30-Sep-2024, 2.6 per cent from previous quarter’s Rs 14110.7400 crore and 14.35 per cent from the year-ago quarter’s Rs 12661.2900 crore. The net for latest quarter stood at Rs 659.58 crore, 5.78 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Sep-2024, DIIs held 5.95 per cent stake in the company, while foreign institutional investors held 9.95 per cent and the promoters 74.65 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 92.02 and a price-to-book ratio of 15.76. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.