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Future Retail surges on the bourses

30 Nov 2018 Evaluate

Future Retail is currently trading at Rs. 514.30, up by 10.05 points or 1.99% from its previous closing of Rs. 504.25 on the BSE.

The scrip opened at Rs. 507.00 and has touched a high and low of Rs. 519.40 and Rs. 507.00 respectively. So far 694297 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 638.95 on 30-Apr-2018 and a 52 week low of Rs. 423.40 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. NA and Rs. NA respectively. The current market cap of the company is Rs. 25863.72 crore.

The promoters holding in the company stood at 46.50%, while Institutions and Non-Institutions held 29.90% and 23.60% respectively.

Bharti Enterprises has sold 5.693 million shares of Future Retail through open market operations. The shares were offloaded at an average price of Rs 525.9 translating into a transaction of Rs 2.993 billion. The shares were bought by Edelweiss group.

Future Retail offers food and grocery categories, fresh fruits and vegetables, meat and poultry, dairy products, staples, FMCG and processed foods, electronics and appliances, clothing and footwear, furniture and furnishing, and other household articles.

Peers
Company Name CMP
Avenue Supermarts 3809.70
Trent 2597.40
Vishal Mega Mart 99.60
PN Gadgil Jewellers 581.90
Aditya Birla Life 74.43
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