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27-Oct2017

Shoppers Stop declines on reporting net loss of Rs 21.81 crore in Q2

Shoppers Stop is currently trading at Rs. 510.20, down by 7.75 points or 1.50% from its previous closing of Rs. 517.95 on the BSE.

The scrip opened at Rs. 505.25 and has touched a high and low of Rs. 518.95 and Rs. 500.25 respectively. So far 3311 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 569.30 on 17-Oct-2017 and a 52 week low of Rs. 265.00 on 28-Dec-2016.

Last one week high and low of the scrip stood at Rs. 554.00 and Rs. 500.25 respectively. The current market cap of the company is Rs. 4270.09 crore.

The promoters holding in the company stood at 67.10%, while institutions and non-institutions held 17.79% and 15.11% respectively.

Shoppers Stop has reported a net loss of Rs 21.81 crore for the quarter under review as compared to net profit of Rs 10.69 crore for the same quarter in the previous year. Total income of the company decreased by 12.30% at Rs 843.66 crore for Q2FY18 as compared Rs 962.02 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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