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iStreet Network touches the roof on the BSE

23 Jul 2014 Evaluate

iStreet Network is currently trading at its upper circuit limit of Rs. 9.71, up by 0.46 points or 4.97% from its previous closing of Rs. 9.25 on the BSE.

The scrip opened at Rs. 9.00 and has touched a high and low of Rs. 9.71 and Rs. 9.00 respectively. So far 7470 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 4 has touched a 52 week high of Rs. 16.56 on 23-Jun-2014 and a 52 week low of Rs. 1.40 on 09-Dec-2013.

Last one week high and low of the scrip stood at Rs. 9.71 and Rs. 8.38 respectively. The current market cap of the company is Rs. 19.30 crore.

The promoters holding in the company stood at 59.76% while Non-Institutions held 40.24% stake in the company.

iStreet Network , which operates in the Internet & Catalogue Retail through network of  ‘iStreet Bazaar’ Internet Retail Stores, has launched Wholesale e-Commerce opportunity for its Network Partners. The beta online wholesale platform to be launched by the company during this quarter will provide products tram different categories like mobiles, laptops, tablets, accessories, computer peripherals, kitchen appliances, kitchen machines, fashion, and cameras etc.

This new initiative of Wholesale eCommerce is also a mode for the company to help in growing its network partners by providing them options of servicing nearby re-sellers with hassle free online ordering, door step delivery, good return policy and flexible payment options.

Moreover, to create adequate awareness about the initiative, field team would be engaged in training network partners across Gujarat about different aspects of registration, bulk ordering, delivery process and return policy. The company has drawn the plan to set up 1100 stores during FY2014-15 and take these numbers to 2800 by end of FY2015-16.

iStreet Network Share Price

51.84 1.74 (3.47%)
17-Apr-2026 16:59 View Price Chart
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