Shoppers Stop rises on entering into partnership with hybris software

06 Jul 2015 Evaluate

Shoppers Stop is currently trading at Rs. 390.25, up by 2.40 points or 0.62% from its previous closing of Rs. 387.85 on the BSE.

The scrip opened at Rs. 385.00 and has touched a high and low of Rs. 392.95 and Rs. 383.00 respectively.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 623.50 on 20-Oct-2014 and a 52 week low of Rs. 330.30 on 28-Apr-2015.

Last one week high and low of the scrip stood at Rs. 403.30 and Rs. 376.30 respectively. The current market cap of the company is Rs. 3,254.00 crore.

The promoters holding in the company stood at 67.21% while Institutions and Non-Institutions held 17.71% and 15.08% respectively.

Shoppers Stop has entered into partnership with hybris software, a SAP company and a commerce platform provider. This partnership will allow Shoppers Stop to provide a seamless and unified shopping experience to customers across its multiple channels that is, physical stores, web, social, TV and marketplaces.

The company is planning to invest Rs 60 crore over the next three years in its omni-channel technology, supply chain and talent to strengthen its omni-channel play. Over the next 3 years, the company will extend its omni-channel strategy to its group companies HomeStop, Hypercity and Crossword.

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.


Shoppers Stop Share Price

644.80 -3.35 (-0.52%)
20-Dec-2024 16:59 View Price Chart
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