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Share price of Avenue Supermart falls as Nifty weakens

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November 24, 2023
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Share price of Avenue Supermart  falls  as Nifty  weakens
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Shares of Avenue Supermarts Ltd. slipped 0.39 per cent to Rs 3829.05 in Friday’s trade as of 01:13PM (IST).

The stock hit a high price of Rs 3859.5 and low of Rs 3820.25 during the session.

The return on equity (ROE) for the stock stood at 14.83 per cent. Traded volume on the counter stood at 01:13PM shares and turnover at Rs 0.72 crore around that time.

The stock of Avenue Supermarts Ltd. quoted a 52-week high and 52-week low prices of Rs 4225.0 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-Sep-2023, while FIIs held 7.67 per cent and domestic institutional investors had 8.2 per cent.

Key Financials
The company reported consolidated sales of Rs 12661.29 crore for the quarter ended 30-Sep-2023, up 6.36 per cent from previous quarter’s Rs 11904.18 crore and up 18.62 per cent from the year-ago quarter’s Rs 10673.9 crore.

Net profit after tax for the latest quarter stood at Rs 623.56 crore, down 9.07 per cent from the same quarter a year ago.

Tags: AvenueAvenue SupermartAvenue Supermart Share Priceavenue supermartsavenue supermarts ltdBSEfallsNiftynsepricesensexShareStocks in newsSupermartweakens
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