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    Avenue Supermart shares drop 2.08% as Sensex falls

    Synopsis

    A total of 4,678 shares changed hands on the counter till 01:45PM (IST)

    A broker watches a TV news channel as another monitors share prices at a brokerage firm in MumbaiReuters
    On an immediate basis, 15,770/52,500 and 15,850/52,700 levels would be major hurdles.
    Shares of Avenue Supermarts Ltd. traded 2.08 per cent down at Rs 4002.25 at 01:45PM (IST) on Wednesday, even as BSE benchmark Sensex dropped 367.28 points to 61335.01. The stock had settled at Rs 4087.25 in the previous session.

    The stock quoted a 52-week high and 52-week low of Rs 4799.0 and Rs 3185.1, respectively.

    As per BSE data, total traded volume on the counter till 01:45PM (IST) stood at 01:45PM shares with turnover at Rs 1.89 crore.

    At the prevailing price, shares of the company trades at 112.54 times its trailing 12-month EPS of Rs 35.63 per share and 18.94 times its price-to-book value, BSE data showed.

    A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

    The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.0.

    Shareholding Details
    Promoters held 74.99 per cent stake in the company as of 30-Sep-2022, while FIIs owned 8.59 per cent and DIIs 7.01 per cent.



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    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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