Home / Markets / News / Future Group shares tank up to 20% as Reliance calls off deal

Future Group shares tank up to 20% as Reliance calls off deal

Future Supply Chain Solutions (down 20 per cent at Rs 37.30) and Future Lifestyle Fashions (down 20 per cent at Rs 29.40) also hit their respective all-time lows in intra-day trade on Monday.

future retail, future group, big bazaar, bazar

Premium

The court also issued notice to Amazon and sought its stand on FRL’s appeal by February 26

2 min read Last Updated : Apr 25 2022 | 10:29 AM IST

Shares of Kishore Biyani-led Future Group companies tanked up to 20 per cent on the BSE in Monday’s intra-day trade after Reliance Industries (RIL) called-off the deal to buy Future Retail as lenders to the retail company objected.

Future Supply Chain Solutions (down 20 per cent at Rs 37.30) and Future Lifestyle Fashions (down 20 per cent at Rs 29.40) hit their respective all-time lows in intra-day trade.

Future Market Networks too slipped 20 per cent to Rs 6.60 in intra-day, quoted close to its record low of Rs 6.28 hit on November 5, 2013. Future Consumer tanked

Topics : Buzzing stocks Future Group Future Supply Chain Solutions Future Retail Future Lifestyle Fashions Kishore Biyani Market trends Reliance Industries

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in