Friday , November 22 2019
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Shoppers Stop trades in green on opening 85th store in Gurugram

Shoppers Stop is currently trading at Rs. 395.00, up by 1.10 points or 0.28% from its previous closing of Rs. 393.90 on the BSE.

The scrip opened at Rs. 398.35 and has touched a high and low of Rs. 407.70 and Rs. 395.00 respectively. So far 226 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 559.90 on 17-Oct-2018 and a 52 week low of Rs. 338.60 on 02-Aug-2019.

Last one week high and low of the scrip stood at Rs. 421.00 and Rs. 385.40 respectively. The current market cap of the company is Rs. 3479.12 crore.

The promoters holding in the company stood at 63.72%, while Institutions and Non-Institutions held 29.85% and 6.43% respectively.

Shoppers Stop has opened 85th store at Tapasya One, Gurugram. The new four-storey, high street store sprawls over 50,000-sq.ft. The multi-brand flagship store aims to ‘Elevate Everyday Life’ and offer a premium retail experience to customers with a place to relax, shop and spend quality time with their family and friends.
With the opening of this store, the Company has now 85 ‘Shoppers Stop’ stores (including 5 airport stores) under its operations.

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.