The brokerage believes the recent correction in Shoppers' Stop stock price offers a margin of safety, while the "Shoppers Stop 2.0" is beginning to show tangible results
Shoppers Stop's consolidated net loss stood at ₹201.1 million ($2.29 million) for the quarter against a loss of ₹205.9 million a year earlier
Shoppers Stop's sales figure for the quarter ending June 30, 2025, stood at ₹1,094 crore (GAAP basis), marking a slight increase of 6 per cent from ₹1,034 crore recorded in Q1FY25.
Retail chain Shoppers Stop Ltd on Thursday reported a narrowing of consolidated net loss to Rs 15.74 crore in the first quarter ended June 30, 2025. The company, which had posted a consolidated net loss of Rs 22.72 crore in the first quarter last fiscal, said its long-serving chairman B S Nagesh will retire from the post after 34 years of service. Consolidated revenue from operations stood at Rs 1,161.08 crore in the first quarter against Rs 1,069.31 crore in the year-ago period, Shoppers Stop Ltd said in a regulatory filing. Total expenses in the quarter under review were higher at Rs 1,192.06 crore compared with Rs 1,104.51 crore in the year-ago period, the company said. Shoppers Stop Managing Director and Chief Executive Officer Kavindra Mishra said the company witnessed sales growth in the quarter, driven by premiumisation. "Consumers are becoming more discerning and are willing to spend more. In a crowded marketplace, premiumisation allows retailers to stand out," he ...
The company's revenue for the quarter under review stood at Rs 1,311 crore, up 8.7 per cent year-on-year (Y-o-Y), as compared to Rs 1,207 crore
Spending on beauty and lifestyle products surged during India's festive season between October and December, which typically accounts for the bulk of retailers' annual sales
Q3FY25 company results today: Shopper Stop, SRM Energy, and Shree Pushkar Chemicals & Fertilisers will also be releasing their earnings report on January 14 for the quarter that ended on Dec 31
Asset and wealth management company 360 One, through its four affiliates, acquired 6,44,645 shares in Shoppers Stop via multiple block deals
In January 2018, Shoppers Stop announced that it had allotted shares worth Rs 179.26 crore to Amazon.Com NV Investment Holdings LLC, an investment arm of Amazon.com
The fall in the stock price came on the back of weak earnings in the June quarter of financial year 2025 (Q1FY25).
At 6:36 AM, GIFT Nifty futures were up 19 points, trading at 24,828.50 levels, indicating a higher start for the day.
Retail chain Shoppers Stop Ltd on Thursday reported a consolidated net loss of Rs 22.72 crore in the June 2024 quarter, hit by subdued consumption due to prolonged heat waves, elections and inflation. The company posted a consolidated net profit of Rs 14.49 crore in the corresponding period last fiscal, Shoppers Stop said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 1,069.31 crore as against Rs 993.61 crore in the year-ago period, it added. Total expenses were higher at Rs 1,104.51 crore in the first quarter compared to Rs 980.92 crore in the same period last fiscal, the company said. "The industry witnessed subdued consumption due to prolonged heat waves, elections, fewer weddings and inflation... This has impacted our profits, however, we have a strong recovery plan," Shoppers Stop Managing Director and CEO Kavindra Mishra said. Some of the recovery plans include continuous focus on premiumisation, investment in marketing t
Delhivery shares gained 2.8 per cent in the intraday trade to hit a high of Rs 403,65. The spike in Delhivery shares was registered after 23.4 million shares changed hands on the NSE and BSE
Multi-brand fashion retailer Shopper Stop plans to open 60 new stores under its affordable retail format INTUNE in the current fiscal, a top official has said. Through INTUNE, Shoppers Stop aims to capitalise on mass premium opportunities, disrupting India's value fashion landscape, according to the latest annual report of the K Raheja Corp group firm. Shoppers Stop, which competes with similar value formats as Trent's Zudio and Landmark of Max Fashion, is leveraging real-time insights, enabling frequent product drops and assortment refinements to stay ahead, it added. "We are targeting 60 new stores in FY2024-25 backed by strategic investments in merchandising, store operations, and customer analytics capabilities," the company said. Shoppers Stop, which has opened 22 INTUNE stores within nine months of launch, said the Indian value fashion segment is witnessing an "inflection point" fuelled by the aspirations of the rapidly growing middle class. Its Managing Director & Chief ...
The key momentum oscillators of these four NSE smallcap stocks are showing a negative divergence; hence these stocks are likely to trade with a downward bias in the near term.
Retail chain Shoppers Stop Ltd on Monday reported a 62.55 per cent rise in consolidated net profit at Rs 23.18 crore in the fourth quarter ended March 31, 2024. The company had posted a consolidated net profit of Rs 14.26 crore in the same period a year-ago, Shoppers Stop said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 1,046.34 crore as against Rs 923.90 crore in the corresponding period of the previous fiscal. Total expenses in the fourth quarter were higher at Rs 1,049.28 crore compared to Rs 928.78 crore in the same period a year ago. For the fiscal ended March 31, 2024, the company said its net profit was at Rs 77.25 crore, down from Rs 116.01 crore in the previous year. Consolidated revenue from operations in FY24 stood at Rs 4,316.59 crore, up from Rs 4,022.13 crore in FY23, the company said. Shoppers Stop Managing Director & CEO Kavindra Mishra said the company "delivered consistent performance despite continued
West Bengal's capital city is important to company's growth target, says senior executive
Alok Industries and Chambal Fertilisers among others have recently bounced back above their 30-EMAs; charts suggest a possibility of an up move in the near-term.
Nair joins Myntra's senior leadership team where he will be responsible for strengthening the online fashion retailer's existing international brands portfolio
The company, which operates 13 SS Beauty stores at the moment, plans to open 10-15 new medium-to-large format stores in the calendar year 2024