Avenue Supermarts Experiences Revision in Stock Score Amid Recent Market Declines

Avenue Supermarts, a key player in the retail sector, has recently undergone an adjustment in its evaluation, reflecting the stock's current market dynamics. On January 10, 2025, the stock experienced a decline of 3.23%, underperforming relative to its sector, which saw a decrease of 2.74% on the same day. This decline is part of a broader trend, as Avenue Supermarts has faced a cumulative drop of 3.85% over the past two days.
During intraday trading, Avenue Supermarts reached a low of Rs 3,691.75, marking a decrease of 3.15%. An analysis of moving averages indicates that the stock is currently positioned above its 20-day moving average, yet remains below the 5-day, 50-day, 100-day, and 200-day moving averages, suggesting mixed signals for investors.

In the context of the broader market, Avenue Supermarts' one-day performance of -3.23% stands in contrast to the Sensex, which fell by only 0.37%. Over the past month, the stock has recorded a decline of 3.33%, while the Sensex has decreased by 5.12%.

In light of these developments, Avenue Supermarts has been added to MarketsMOJO's list, indicating a noteworthy revision in its score. Investors and market watchers will be keen to observe how these changes impact the stock's performance in the coming weeks.