MoneyWorks4Me

Shoppers Stop offloads further 19.50% stake in Crossword Bookstores

11 Apr 2022 Evaluate

Shoppers Stop has completed the further sale of 19.50% of stake in Crossword Bookstores. Accordingly, the company's equity stake in Crossword stands reduced to 29.50%. Earlier, the company had sold 51% stake in Crossword.

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.

Peers
Company Name CMP
Avenue Supermarts 3687.90
Trent 2804.40
Vishal Mega Mart 101.50
Aditya Birla Life 83.43
PN Gadgil Jewellers 613.50
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