Business & Investment

Avenue Supermart Shares: Avenue Supermart Shares Increase 1.66% As Nifty Increases

Avenue Supermarts shares rose 1.66% at Rs 4785.0 around 10:35 am (IST) on Wednesday, with a benchmark BSE Sensex The advanced 552.94 points are now 57617.81.

A total of 12,676 shares were exchanged at the counter for a total of Rs 6.06.

The stock price was 5899.9 rupees for the 52-week high and 2311.0 rupees for the 52-week low.



On the technical chart, the stock price 200-DMA was Rs 3599.48, while the 50-DMA was Rs 4657.59. If a stock is trading above 50 DMA and 200 DMA, it usually means that the immediate trend is on the rise. On the other hand, if the stock is trading below both 50DMA and 200DMA, it is considered a bearish trend, and if it is trading between 50DMA and 200DMA, it suggests that the stock can go anywhere. increase.

The company’s stock has risen 96.74% over the past year, while Sensex has risen 30.72% over the same period.

according to BSE In the data, the price-earnings ratio is a multiple of 225.38 and the price-to-book value ratio is trading at 15.17. A high price-earnings ratio indicates that investors are willing to pay higher prices due to higher expectations for future growth. The price-to-book value ratio shows the unique value of a company and reflects the price that an investor is ready to pay even if the business does not grow. Stocks belong to the supermarket industry.

Avenue Supermart Shares: Avenue Supermart Shares Increase 1.66% As Nifty Increases

https://economictimes.indiatimes.com/markets/stocks/stock-watch/avenue-supermart-shares-rise-1-66-as-nifty-gains/articleshow/88022710.cms Avenue Supermart Shares: Avenue Supermart Shares Increase 1.66% As Nifty Increases

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