Shopper’s Stop rises on inaugurating new ‘Clinique’ door in Bengaluru

Shopper’s Stop has inaugurated one ‘Clinique’ door, at Shopper’s Stop - Garuda - Bengaluru.

The scrip is currently trading at Rs 383.90, up by 7.50 points or 1.99% from its previous closing of Rs 376.40 on the BSE.

The scrip opened at Rs 378 and has touched a high and low of Rs 384 and Rs 378 respectively. So far 159 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs 10 has touched a 52 week high of Rs 481.15 on 12-Apr-2010 and a 52 week low of Rs 126 on 13-Jul-2009.

Last one week high and low of the scrip stood at Rs 401 and Rs 371 respectively. The current market cap of the company is Rs 1340.36 crore.

The promoters holding in the company stood at 68.51% while Institutions and Non-Institutions held 15.88% and 15.61% respectively.

Following this opening, the company now has total seven ‘Clinique’ doors, i.e. two standalone and five shop-in-shops.

Recently, it opened two ‘Clinique’ doors, one at Juhu-Mumbai and another at Hyderabad.

Shopper’s Stop is engaged in the retailing business. It runs a chain of departmental stores with brands including Shopper’s Stop, Home Stop, Crossword and Cafes & Restaurants.