Avenue Supermarts surges on reporting 55% rise in Q3 consolidated net profit

13 Jan 2020 Evaluate

Avenue Supermarts is currently trading at Rs. 1904.85, up by 28.10 points or 1.50% from its previous closing of Rs. 1876.75 on the BSE.

The scrip opened at Rs. 1927.00 and has touched a high and low of Rs. 1941.40 and Rs. 1895.20 respectively. So far 68153 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2010.80 on 31-Oct-2019 and a 52 week low of Rs. 1225.95 on 15-May-2019.

Last one week high and low of the scrip stood at Rs. 1941.40 and Rs. 1780.00 respectively. The current market cap of the company is Rs. 119682.11 crore.

The promoters holding in the company stood at 79.73%, while Institutions and Non-Institutions held 10.93% and 9.34% respectively.

Avenue Supermarts has reported a rise of 53.34% in its net profit at Rs 394.26 crore for third quarter ended December 31, 2019 as compared to Rs 257.11 crore for the same quarter in the previous year. Total income of the company increased by 23.80% at Rs 6,758.88 crore for Q3FY20 as compared Rs 5459.58 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 55.33% in its net profit at Rs 384.01 crore for the quarter under review as compared to Rs 247.23 crore for the same quarter in the previous year. Total income of the company increased by 24.31% at Rs 6,815.00 crore for Q3FY20 as compared Rs 5482.08 crore for the corresponding quarter previous year.


Avenue Supermarts Share Price

4529.35 110.35 (2.50%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 4529.35
Aditya Birla Fashion 205.50
Trent 3961.80
Future Retail 2.05
Electronics Mart Ind 191.00
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.