Shoppers Stop is currently trading at Rs. 467.20, up by 4.25 points or 0.92% from its previous closing of Rs. 462.95 on the BSE.
The scrip opened at Rs. 467.20 and has touched a high and low of Rs. 467.20 and Rs. 467.20 respectively. So far 12 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 623.50 on 20-Oct-2014 and a 52 week low of Rs. 340.60 on 30-Apr-2014.
Last one week high and low of the scrip stood at Rs. 499.50 and Rs. 444.00 respectively. The current market cap of the company is Rs. 3876.85 crore.
The promoters holding in the company stood at 67.23% while Institutions and Non-Institutions held 17.03% and 15.74% respectively.
In a bid to expand its physical and online presence, organised retailer, Shoppers Stop has drawn up huge investment plan. The company will invest Rs 140 crore for expansion of its stores and online sale infrastructure within next one year, which include investment of Rs 35 crore on development of technology and infrastructure for the omni channel, which is a combination of physical store and online site. Moreover, the capex of Rs 140 crore by Shoppers Stop will happen from its internal accruals.
At present, the company has 73 stores and it will be opening six Shoppers Stop stores, three HyperCity stores and five speciality stores during the next 12 months.
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.
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