Avenue Supermarts Faces Continued Decline Amidst Broader Market Resilience

Avenue Supermarts, a prominent player in the retailing sector, has experienced a notable decline of 3.48% on May 2, 2025. This downturn marks a continuation of a challenging trend, with the stock underperforming its sector by 0.63%. Over the past five days, Avenue Supermarts has seen a cumulative drop of 10.14%, reflecting a consistent downward trajectory.
Intraday trading revealed a low of Rs 4046, representing a decrease of 3.38%. While the stock remains above its 50-day and 100-day moving averages, it is currently below its 5-day, 20-day, and 200-day moving averages, indicating mixed signals in its short-term performance.

In the broader market context, the Sensex has shown resilience, trading positively at 80,485.82, up by 0.3% after a flat opening. Despite Avenue Supermarts' recent struggles, the mega-cap segment is leading the market, with the Sensex gaining traction against the backdrop of a generally favorable trading environment. Over the past year, Avenue Supermarts has faced a decline of 11.85%, contrasting sharply with the Sensex's growth of 7.85%.