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Future Retail falls 14% in three days in a firm market

The stock slipped 6% to Rs 484, falling 14% in past three trading days, as compared to a 2% rise in the S&P BSE Sensex.

Future Consumer is focusing more on home, personal care with 'smart' brands
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SI Reporter Mumbai
Shares of Future Retail, the flagship company of Future Group, have slipped 6 per cent to Rs 484 per share, extending their decline in the past two days in an otherwise firm market.

In the past three trading days, the stock slipped has 14 per cent after the government on Wednesday tightened rules for e-commerce companies. In comparison, the S&P BSE Sensex was up 2 per cent during the same period.

Future Retail is engaged in the business of retailing a range of household and consumer products through departmental store facilities under various formats.

The Department of Industrial Policy and