Avenue Supermarts' Stock Hits 52-Week Low, Underperforms Sector and Market Averages

Nov 22 2024 09:36 AM IST
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Avenue Supermarts, a leading retail company in India, has experienced a decline in its stock price, reaching a 52-week low on November 22, 2024. The stock has been consistently falling for the past four days, with a -5.72% decrease in returns. This has resulted in a 'Sell' call by MarketsMojo and the stock is currently trading below its moving averages, indicating a bearish trend. In comparison to the market, Avenue Supermarts has not performed well in the past year, with a -5.83% return. Investors should conduct their own research before making any investment decisions.


Avenue Supermarts, a leading retail company in India, has recently seen a dip in its stock price, hitting a 52-week low on November 22, 2024. The stock has been on a downward trend for the past four days, with a consecutive fall of -5.72% in returns during this period. This underperformance has led to a 'Sell' call by MarketsMOJO.

The stock's performance today has also been below the sector average by -0.28%. In fact, Avenue Supermarts is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend in the stock's price.

In comparison to the overall market performance, Avenue Supermarts has not fared well in the past year, with a -5.83% return, while the Sensex has seen a 17.68% increase. This could be a cause for concern for investors.

However, it is important to note that this is a fact-based analysis and does not take into account any future potential or expert opinions. It is always advisable for investors to do their own research and make informed decisions before investing in any stock.
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