Shoppers Stop surges on acquiring 5% stake in Nuance Group Fashion & Luxury Duty Free

29 Apr 2016 Evaluate

Shoppers Stop is currently trading at Rs. 383.95, up by 5.60 points or 1.48% from its previous closing of Rs. 378.35 on the BSE.

The scrip opened at Rs. 382.95 and has touched a high and low of Rs. 384.30 and Rs. 382.95 respectively. So far 279 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 445.90 on 06-Aug-2015 and a 52 week low of Rs. 301.00 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 384.95 and Rs. 372.30 respectively. The current market cap of the company is Rs. 3204.94 crore.

The promoters holding in the company stood at 67.13% while Institutions and Non-Institutions held 16.78% and 16.09% respectively.

Shoppers Stop has acquired 500 equity shares of Rs 10 each at its face value, constituting 5% of paid up share capital of Nuance Group Fashion & Luxury Duty Free. These equity shares has been acquired, from Nuance Group (India); a joint venture company.

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

620.00 -24.80 (-3.85%)
23-Dec-2024 10:12 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 3446.15
Aditya Birla Fashion 283.00
Trent 6953.35
Vishal Mega Mart 98.44
Electronics Mart Ind 167.00
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.