/ Shoppers Stop soars on reporting net profit of Rs 9.77 crore in Q1 ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 30 July 2018

Shoppers Stop is currently trading at Rs. 556.50, up by 6.90 points or 1.26% from its previous closing of Rs. 549.60 on the BSE.The scrip opened at Rs. 545.00 and has touched a high and low of Rs. 559.15 and Rs. 545.00 respectively. So far 1888 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 602.00 on 02-Nov-2017 and a 52 week low of Rs. 322.60 on 22-Aug-2017.Last one week high and low of the scrip stood at Rs. 578.95 and Rs. 511.45 respectively. The current market cap of the company is Rs. 4919.96 crore.

The promoters holding in the company stood at 63.68%, while Institutions and Non-Institutions held 23.72% and 12.60% respectively.Shoppers Stop has reported net profit of Rs 9.77 crore for the quarter ended June 30, 2018 as compared to net loss Rs 3.72 crore for the same quarter in the previous year. However, total income of the company decreased by 11.91% at Rs 833.73 crore for Q1FY19 as compared Rs 946.44 crore for the corresponding quarter previous year.

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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