Avenue Supermarts' Stock Hits 52-Week Low Amidst Sector Decline

Nov 21 2024 10:15 AM IST
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Avenue Supermarts, a leading retail company in India, has experienced a decrease in its stock price, reaching a 52-week low on November 21, 2024. According to stock analysis platform MarketsMojo, the stock has been given a 'Sell' call. The stock's performance has been in line with the overall sector, with a -4.49% fall in the last three days. It is currently trading below its moving averages and has seen a decline of -4.42% in the last year, while the Sensex has seen growth of 16.87%.

Avenue Supermarts, a leading retail company in India, has recently seen a dip in its stock price, hitting a 52-week low on November 21, 2024. According to MarketsMOJO, a stock analysis platform, the stock has been given a 'Sell' call.

The stock's performance today has been in line with the overall sector, with a fall of -4.49% in the last three days. The stock touched an intraday low of Rs. 3640, which is a decrease of 3%. Additionally, Avenue Supermarts is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

The retailing sector as a whole has also seen a decline of -2.74%. In comparison, Avenue Supermarts' performance in the last year has been -4.42%, while the Sensex has seen a growth of 16.87%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of Avenue Supermarts or its stock. As with any investment, it is always advisable to do your own research and consult with a financial advisor before making any decisions.
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