Shares of Avenue Supermarts Ltd. traded 3.5 per cent up at Rs 4163.25 at around 01:19PM (IST) on Friday. The stock had closed at Rs 4022.45 in the previous session. Equity benchmark Sensex traded 1302.77 points higher at 55832.68 around the same time.

The scrip has climbed 32.63 per cent in the last one year till date, while the 30-share index has gained 7.15 per cent during the same period.

The stock’s 52-week high price stood at Rs 5899.9 and the 52-week low price at Rs 2677.0.

Trading volume on the counter stood at 34,867 shares, while it quoted a price-to-earnings ratio of 176.1, an EPS value of 22.84 and a price-to-book value of 15.17. In the Nifty50 pack, 47 stocks traded in the green, while 3 stocks were in the red.

Promoter/FII Holding
Promoters held 74.99 per cent stake in the company as of 31-Dec-2021, while FII and mutual funds’ ownership stood at 9.44 per cent and 6.23 per cent, respectively.

Key Financials
For the quarter ended 31-Dec-2021, the company reported consolidated sales of Rs 9243.72 crore, up 18.26 per cent from the previous quarter’s Rs 7816.44 crore and up 21.83 per cent from the year-ago quarter’s Rs 7587.32 crore. The company reported net profit of Rs 552.56 crore for the latest quarter.

Technical Indicators

The MACD signaled a bullish bias on the counter. The MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.


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