Shoppers Stop rises on turning black in Q3

Shoppers Stop is currently trading at Rs. 385.05, up by 6.40 points or 1.69% from its previous closing of Rs. 378.65 on the BSE.

Shoppers Stop
Shoppers Stop

The scrip opened at Rs. 384.00 and has touched a high and low of Rs. 397.35 and Rs. 375.20 respectively. So far 51912 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 425.00 on 21-Jan-2022 and a 52 week low of Rs. 180.00 on 19-Apr-2021.

Last one week high and low of the scrip stood at Rs. 425.00 and Rs. 338.65 respectively. The current market cap of the company is Rs. 4258.46 crore.

The promoters holding in the company stood at 65.51%, while Institutions and Non-Institutions held 26.09% and 8.40% respectively.

Shoppers Stop has reported net profit at Rs 50.18 crore for third quarter ended December 31, 2021 as against net loss of Rs 20.71 crore for the same quarter in the previous year.

Total income of the company increased by 30.77% at Rs 965.82 crore for Q3FY22 as compared Rs 738.59 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit at Rs 77.32 crore for third quarter ended December 31, 2021 as against net loss of Rs 25.11 crore for the same quarter in the previous year.

Total income of the company increased by 30.30% at Rs 972.65 crore for Q3FY22 as compared Rs 746.45 crore for the corresponding quarter previous year.

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