Shoppers Stop jumps on its subsidiary opening ‘Crossword’ franchise store at Siliguri

02 Nov 2011 Evaluate

Shoppers Stop is currently trading at Rs. 358.10, up by 10.55 points or 3.04% from its previous closing of Rs. 347.55 on the BSE.

The scrip opened at Rs. 355.00 and has touched a high and low of Rs. 360.00 and Rs. 355.00 respectively.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 504.00 on 25-Jul-2011 and a 52 week low of Rs. 261.00 on 11-Feb-2011.

Last one week high and low of the scrip stood at Rs. 365.00 and Rs. 345.50 respectively. The current market cap of the company is Rs. 2,953.00 crore.

The promoters holding in the company stood at 67.93% while Institutions and Non-Institutions held 19.43% and 12.64% respectively.

Shoppers Stop's wholly owned subsidiary Crossword Bookstores has opened one ‘Crossword’ franchise store at Siliguri in West Bengal. With the opening of this store, there are now 86 'Crossword' stores.

Further, the company has opened two 'Mothercare' stores as 'Shop in Shop' store within Shoppers Stop at Alpha G, Ahmedabad and Shoppers Stop at Pacific, Pune. With the opening of these two stores, the company has now 36 'Mothercare' stores, with 6 stores on standalone and 30 stores on shop in shop basis.

Shoppers Stop is engaged in the retailing business. It runs a chain of departmental stores with brands including Shopper’s Stop, Home Stop, Crossword, Cafes and Restaurants etc.

Shoppers Stop Share Price

739.40 -10.85 (-1.45%)
14-Jun-2024 16:01 View Price Chart
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