Pantaloons Fashion & Retail gains after fund buying

Pantaloons Fashion & Retail rose 2.92% to Rs 186.80 at 14:05 IST on BSE after two funds bought shares in the company through bulk deals on BSE yesterday, 2 July 2015.

Meanwhile, the BSE Sensex was up 124.88 points, or 0.45%, to 28,070.68

On BSE, so far 54,682 shares were traded in the counter, compared with an average volume of 1.66 lakh shares in the past one quarter.

The stock hit a high of Rs 189.80 and a low of Rs 184 so far during the day. The stock hit a 52-week high of Rs 209.90 on 21 May 2015. The stock hit a 52-week low of Rs 100.35 on 16 December 2014.

The stock had outperformed the market over the past one month till 2 July 2015, falling 2.14% compared with 2.79% rise in the Sensex. The scrip also outperformed the market in past one quarter, gaining 58.38% as against Sensex's 1.11% decline.

The small-cap company has an equity capital of Rs 92.79 crore. Face value per share is Rs 10.

Franklin Templeton MF under Franklin India High G Co Fd bought 47.84 lakh shares in Pantaloons Fashion & Retail at Rs 165 per share in a bulk deal on BSE yesterday, 2 July 2015. India Prima Fund bought 30.95 lakh shares in Pantaloons Fashion & Retail at Rs 165 per share in a bulk deal on BSE yesterday, 2 July 2015. Future Corporate Resources sold 59 lakh shares in Pantaloons Fashion & Retail at Rs 165 per share in a bulk deal on BSE yesterday, 2 July 2015. PIL Industries sold 22 lakh shares in Pantaloons Fashion & Retail at an average price of Rs 165.36 per share in a bulk deal on BSE yesterday, 2 July 2015.

Pantaloons Fashion & Retail reported net loss of Rs 63.78 crore in Q4 March 2015, lower than net loss of Rs 70.75 crore in Q4 March 2014. Net sales rose 12.5% to Rs 450.51 crore in Q4 March 2015 over Q4 March 2014.

Pantaloons Fashion & Retail, one of the top clothing brands in the world, is India's fastest growing premium lifestyle company. With innovative designs, concepts and products, the company brings the latest trends in fashion and clothing styles to the apparel market.

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