Avenue Supermarts Faces Continued Decline Amid Broader Market Gains

Avenue Supermarts has experienced a notable decline today, with the stock down by 3.01% as of May 5, 2025. This performance marks a continuation of a downward trend, as the stock has now fallen for six consecutive days, resulting in a total decline of 12.58% over this period. The stock opened lower today, with an initial drop of 3.07%, and reached an intraday low of Rs 3916.15, reflecting a decrease of 3.55%.
In terms of moving averages, Avenue Supermarts is currently positioned above its 50-day and 100-day moving averages but below its 5-day, 20-day, and 200-day moving averages. This indicates a mixed performance in the short to medium term.

In contrast, the broader market is showing positive momentum, with the Sensex trading at 80,768.30, up by 0.33%. The Sensex has gained 7.47% over the past three weeks, while Avenue Supermarts has underperformed significantly against this backdrop. Over the past year, Avenue Supermarts has seen a decline of 14.39%, while the Sensex has risen by 9.26%.