Avenue Supermarts Shows Strong Performance Amid Declining Investor Participation in Retail Sector

Avenue Supermarts Ltd, trading under the symbol DMART, has emerged as one of the most active equities today in the diversified retail sector. The stock recorded a total traded volume of 1,552,482 shares, with a total traded value of approximately Rs 65.1 crore. Opening at Rs 3,999, the stock reached a day’s high of Rs 4,280, reflecting a notable intraday increase of 7.13%. The last traded price stood at Rs 4,255.
In terms of performance, Avenue Supermarts has outperformed its sector by 0.73%, marking a consecutive gain over the last two days with an impressive return of 8.38% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Despite the positive performance, there has been a decline in investor participation, with delivery volume dropping by 66.47% compared to the 5-day average. The retail sector overall has gained 6.62%, while Avenue Supermarts has shown a 1D return of 6.89%, significantly higher than the Sensex's 0.15% return. With a market capitalization of Rs 2,78,168.86 crore, Avenue Supermarts continues to maintain a solid position in the large-cap segment of the market.