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Shoppers Stop trades in pink of its health on BSE

10 Oct 2013 Evaluate

Shoppers Stop is currently trading at Rs. 351.90, up by 9.70 points or 2.83% from its previous closing of Rs. 342.20 on the BSE.

The scrip opened at Rs. 345.00 and has touched a high and low of Rs. 353.45 and Rs. 341.50 respectively. So far 875 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 494.00 on 05-Dec-2012 and a 52 week low of Rs. 331.00 on 24-Sep-2013.

Last one week high and low of the scrip stood at Rs. 356.95 and Rs. 341.00 respectively. The current market cap of the company is Rs. 2923.07 crore.

The promoters holding in the company stood at 67.50% while Institutions and Non-Institutions held 20.17% and 12.33% respectively.

Shoppers Stop has opened new store at Manjeera Trinity Mall, Hyderabad. Following the opening of this store, the company has now 62 ‘Shoppers Stop’ stores (including three airport stores) under its operations. Further, Shoppers Stop’s 51% subsidiary company - Hypercity Retail (India), has opened ‘Hypercity’ store at Manjeera Trinity Mall, Hyderabad and at Inorbit Malls, Vadodara. With the opening of these stores, there are now 15 ‘Hypercity' stores.

Meanwhile, the Company’s store located at Inorbit Mall, Vashi has been conferred with ‘Best Anchor Store’ award, consecutively for the 5th year in continuation.

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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