Future Retail is currently trading at Rs. 428.60, up by 19.35 points or 4.73% from its previous closing of Rs. 409.25 on the BSE.
The scrip opened at Rs. 418.00 and has touched a high and low of Rs. 433.20 and Rs. 415.85 respectively. So far 113650 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. 401.95 on 27-Feb-2019.
Last one week high and low of the scrip stood at Rs. 433.75 and Rs. 401.95 respectively. The current market cap of the company is Rs. 21566.50 crore.
The promoters holding in the company stood at 46.51%, while Institutions and Non-Institutions held 30.35% and 23.14% respectively.
Future Retail has received approval for execution of master franchise agreement by its subsidiary SHME Food Brands (SHME) with 7-Eleven, Inc., to develop and operate 7 Eleven stores within India. Together with SHME, the company has also executed the agreement as confirming party and Controlling Principal.
Prior to the above, the company has acquired the entire equity share capital of SHME Food Brands from its existing shareholders. Consequent to this acquisition, SHME has become subsidiary of the Company with effect from February 28, 2019.
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.
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