Avenue Supermart Share Price: Share price of Avenue Supermart jumps as Sensex drops 363.46 points
Share price of Avenue Supermarts Ltd. gained 0.14 per cent to Rs 4198.3 at 11:56AM (IST) in Wednesday’s trade. The scrip hit a high of Rs 4215.0 and low of Rs 4178.85 so far during the session. The stock had closed at Rs 4192.2 in the previous session.
The counter had a total traded volume of 11:56AM shares so far with a turnover of Rs 3.34 crore on BSE. The stock traded at a price-to-earnings multiple of 101.45 and a price-to-book ratio of 15.76.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are…
