Why Shoppers Stop is falling?

Why Shoppers Stop is falling?

Shoppers Stop’s revenues fall sharper; cost cutting softens the blow in Q1FY21. Retail stores were shut for a good part of the June quarter because of the covid-19 lockdown. Naturally, this led to substantial drying up of revenues of retail firms. Shoppers Stop Ltd is not an exception.

How did Shoppers Stop Start?

27 October 1991
Shoppers Stop/Founded

Is Shoppers Stop good share to buy?

Stock score of Shoppers Stop Ltd moved down by 1 in 3 months on a 10-point scale. Phillip Capital has a ‘buy’ rating on the stock with a price target of Rs 233, suggesting up to 41 per cent upside. Emkay Global has a ‘hold’ rating, but its price target of Rs 220 suggests 33 per cent upside.

Is Shoppers Stop Indian brand?

Shoppers Stop is an Indian department store chain, owned by the K Raheja Corp. There are 86 stores across 40 cities in India, with clothing, accessories, handbags, shoes, jewellery, fragrances, cosmetics, health and beauty products, home furnishing and decor products.

Is Shoppers Stop profitable?

MUMBAI: Retail chain Shoppers Stop Wednesday reported nearly 45 per cent decline in its standalone net profit at Rs 11.45 crore for the March quarter of FY19. For the fiscal 2018-19, Shoppers Stops standalone net profit jumped to Rs 78.75 crore from Rs 11.60 crore in the year ended March 2018.

What is the turnover of shoppers stop?

Profit & Loss – Shoppers Stop Ltd. Rs (in Crores)

Mar’21 Mar’18
12Months 12Months
Sales Turnover 1725.09 4011.34
Excise Duty .00 419.85

How do I check my Shoppers Stop points?

You can keep track of your reward points at any time on shoppersstop.com or on our mobile app. Points will also be printed on every bill for your convenience. You can also visit any First Citizen Desk for an immediate update.

Does Shoppers Stop sell original products?

100% Original Guaranteed: We are responsible for what we sell. All our products are sourced directly from the brands and carry brand warranty and genuineness certificate. 6. Get personalized shopping assistance by following our Style Hub which is curated with latest fashion trends and suggestions.

How many Shoppers Stop stores in India?

Number of Shoppers Stop stores India 2011-2019. The Indian retail brand, Shoppers Stop, was expected to open 18 new stores in the financial year 2019, thus, increasing the total number of stores across the country to 216.

Who started Shoppers Stop?

K. Raheja Corp. group
The foundation of Shoppers Stop was laid on October 27, 1991, by the K. Raheja Corp. group of companies. Being amongst India’s biggest hospitality and real estate players, the Group crossed yet another milestone with its lifestyle venture.

Is shoppers stop shutting down?

Due to the challenging economic environment, Shoppers Stop has been closing down its loss-making stores and opening new ones at strategic locations to fuel future growth of the company. The company has set aside an investment of Rs 150 crore on the upgrade and opening of new format stores.

How do I activate my Shoppers Stop wallet?

However, if your account is in-active for a fairly long period we may suspend it or de-activate it, in which case, you can contact us at [email protected] to activate the account. They will reactivate your account after verification of some details to confirm your identity.

What are the rights of Shoppers Stop limited?

Shoppers Stop Limited reserves its right to add, alter, modify, change or vary any of the terms and conditions at any point of time without assigning any reason or any intimation whatsoever. Dispute/s subject to Mumbai jurisdiction.

What is the market cap of Shoppers Stop?

Shoppers Stop Ltd., incorporated in the year 1997, is a Mid Cap company (having a market cap of Rs 2,567.20 Crore) operating in Retail sector. Shoppers Stop Ltd. key Products/Revenue Segments include Income from Retailing and Other Operating Revenue for the year ending 31-Mar-2020.

Who is the Auditor of Shoppers Stop company?

Company has SRBC & Co LLP as its auditors As on 31-12-2019, the company has a total of 87,989,928 shares outstanding. Shoppers Stop . Quick Links BSE Quotes and Sensex are real-time and licensed from the Bombay Stock Exchange. NSE Quotes and Nifty are also real time and licenced from National Stock Exchange.

When is end of season sale in Shoppers Stop?

Applicable Stores: Shoppers Stop Ltd (SSL) stores operated under the name “Shoppers Stop” across India including HomeStop, Mothercare (operated by SSL) and Airport stores. Offer Duration: The offer is valid during 20th June 2018 (00:00 Hours) to 3rd August’2018 (23:59 Hours), both days inclusive.