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Future Group shares gain on talks of global interest

Future Retail, Future Enterprises and Future Consumer have rallied more than 5% on the BSE.

Future Group introduced quick checkouts around Republic Day sales this year, asking customers to book time slots to avoid long queues
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Future Group introduced quick checkouts around Republic Day sales this year, asking customers to book time slots to avoid long queues

SI Reporter Mumbai
Shares of Future Group companies have rallied by up to 14% on the BSE after the media reported that Google, Paytm Mall may team up to shop for Future Retail stake.

Future Retail has surged nearly 8% to Rs 558 in intra-day trade on back of heavy volumes. The trading volumes jumped more than three-times with a combined 3.35 million shares changed hands on the counter on the BSE and NSE till 03:02 pm.

“The Company evaluates various possibilities, including in relation to business association with third parties, which is always a subject matter of further feasibility studies