Avenue Supermarts Limited Shares

Avenue Supermarts Limited Shares Fall Around 1%

Avenue Supermarts Limited Shares Fall Around 1% On 10th August 2020:

To begin with, Avenue Supermarts Limited shares traded with a 0.96% loss in today’s Intraday trade. Also, until now, the company exchanged 36,470 shares hands on the counter.

Moreover, the company shares started at Rs. 2,135.10 per equity share on the National Stock Exchange. The stocks reached the Intraday high value of Rs. 2,149.00 per eq share. Similarly, the Intraday low value of Rs. 2,098.50 per share.

According to the source, the company reached its 52-week highest value of Rs. 2,559.00. Also, it reached the 52-week lowest value of Rs. 1,400.00. As per the records, the total market capitalization stood at Rs. 1,37,457.79 Cr.

On 31st March 2020, Avenue Supermarts Ltd. announced its consolidated sales worth Rs. 3,883.18 Cr. Comparatively, the company sales declined by 37.93% from its last quarter sales of Rs. 6,255.93 Cr. Also, its sales declined by 33.22% of Rs. 5,814.56 Cr in the previous year.

Furthermore, the net profit of Rs. 40.09 Cr declined by 87.59% from the same quarter a year ago. By the ending in March 2020, the company promoters held 74.99% of its stake, FIIs held a 10.42% stake and DIIs held a 5.29% stake.

Stock Market Update: 

Stock Market August 10th: On Monday, both Sensex and Nifty seem to trade in a bullish trend in the stock market. The Sensex stood traded gain with 38,182.08 levels and Nifty stood traded gain with 11,270.15 levels. The Sensex raised 141.51 points with a 0.37% gain. Besides, Nifty has raised 56.10 points with a 0.50% gain.

On the other hand, the number of confirmed or coronavirus cases in India reached 22,14,137 as of August 10th, and deaths reached 44,466.

In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market today. It raised 201.83 points with a 1.42% gain and reached a 14,420.70 level. The S&P BSE Smallcap index raised 200.39 points with a 1.47% gain and reached a 13,869.08 level. However, the Nifty Bank raised 146.25 points with a 0.67% gain and reached a 21,900.25 level.

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