Patel Retail rises on planning to expand distribution centre at Ambernath facility
Mumbai, October 30 (Udaipur Kiran): Patel Retail is currently trading at Rs. 240.00, up by 0.15 points or 0.06% from its previous closing of Rs. 239.85 on the BSE.
The scrip opened at Rs. 238.00 and has touched a high and low of Rs. 244.05 and Rs. 235.95 respectively. So far 1777 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 265.80 on 01-Dec-2025 and a 52 week low of Rs. 149.30 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 244.05 and Rs. 225.00 respectively. The current market cap of the company is Rs. 815.14 crore.
The promoters holding in the company stood at 70.00%, while Institutions and Non-Institutions held 3.84% and 26.16% respectively.
Patel Retail is planning to develop around 20,000 square feet of additional covered space at its existing distribution centre located at Ambernath, Maharashtra. The proposed development is expected to enhance the utilisation of the company’s existing infrastructure and strengthen its storage, packing and distribution capabilities. The additional covered space is intended to facilitate smoother and more efficient replenishment of existing retail stores while supporting upcoming store openings under the company’s cluster-based expansion strategy.
The proposed initiative is expected to strengthen the company’s supply chain and distribution capabilities, facilitate efficient inventory management and support the planned expansion of its retail network.
Patel Retail is primarily engaged as a retail supermarket chain operating in tier-III cities and nearby suburban areas, with focus on ‘value retail’, offering food, non-food (FMCG), general merchandise and apparel catering to the needs of the entire family.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.