MoneyWorks4Me

Shoppers Stop rises as its arm opens ‘Crossword’ franchisee store at Kochi

01 Oct 2015 Evaluate

Shoppers Stop is currently trading at Rs. 378.35, up by 4.05 points or 1.08% from its previous closing of Rs. 374.30 on the BSE.

The scrip opened at Rs. 378.10 and has touched a high and low of Rs. 378.40 and Rs. 374.00 respectively. So far 30 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. 301.00 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 380.40 and Rs. 371.50 respectively. The current market cap of the company is Rs. 3120.64 crore.

The promoters holding in the company stood at 67.19% while Institutions and Non-Institutions held 17.47% and 15.34% respectively.

Shoppers Stop’s wholly owned subsidiary, Crossword Bookstores has opened one ‘Crossword’ franchisee store at Kochi in state of Kerala. Further, one ‘Crossword’ franchisee store at Vapi, Gujarat, has been closed. With these, there are now 95 ‘Crossword’ stores.

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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