7NR Retail trades higher on planning to start two stores for fabrics and garments within 2 months
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7NR Retail is currently trading at Rs. 2.49, up by 0.03 points or 1.22% from its previous closing of Rs. 2.46 on the BSE.
The scrip opened at Rs. 2.58 and has touched a high and low of Rs. 2.58 and Rs. 2.35 respectively. So far 3865556 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 2.80 on 09-Dec-2021 and a 52 week low of Rs. 0.53 on 27-Apr-2021.
Last one week high and low of the scrip stood at Rs. 2.46 and Rs. 2.13 respectively. The current market cap of the company is Rs. 25.66 crore.
The promoters holding in the company stood at 30.81%, while Non-Institutions held 69.19%.
7NR Retail is planning to start two stores for fabrics and garments within 2 months of approximately 5000 sq. ft. and stores will be exclusive store for different domestic and international brands garment. Further, the company is planning to achieve target for opening 10 stores till Diwali, 2022. All these stores will run on COCO (Company owned company operated) model.
The company is engaged in the business of trading of apparels in the wholesale and retail segments.
