Future Lifestyle Fashions is currently trading at Rs. 433.60, up by 0.95 points or 0.22% from its previous closing of Rs. 432.65 on the BSE.
The scrip opened at Rs. 432.15 and has touched a high and low of Rs. 433.60 and Rs. 432.00 respectively. So far 149 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 481.00 on 10-May-2018 and a 52 week low of Rs. 285.55 on 31-May-2017.
Last one week high and low of the scrip stood at Rs. 444.00 and Rs. 428.00 respectively. The current market cap of the company is Rs. 8225.88 crore.
The promoters holding in the company stood at 60.52%, while Institutions and Non-Institutions held 24.64% and 14.84% respectively.
Future Lifestyle Fashions in joint venture (JV) with Travel Retail Services has incorporated four new Special Purpose Vehicles (SPVs) as Subsidiary Companies on May 30, 2018, in the ratio of 51:49, to carry on aforesaid objects at airports.
The company has incorporated SPVs namely FLFL Travel Retail West, FLFL Travel Retail Bhubaneswar, FLFL Travel Retail Lucknow and FLFL Travel Retail Guwahati.
Earlier, Airports Authority of India, through an open competitive bidding process has awarded concession to Future Lifestyle Fashions and Travel Retail Services to develop, market, setup, operate, maintain and manage the Retail Outlets at airports located at Goa, Bhubaneswar, Lucknow and Guwahati.
Future Lifestyle Fashions is an integrated lifestyle brands and fashion retail company. The company operates a portfolio of brands that are well diversified across key growth categories like women’s wear, fast fashion and casual wear.
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