07-08-2022 01:02 PM | Source: Accord Fintech
Add-shop E-Retail rises on launching new online platform for customers across India
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Add-Shop E-Retail is currently trading at Rs. 104.00, up by 0.05 points or 0.05% from its previous closing of Rs. 103.95 on the BSE.

The scrip opened at Rs. 106.60 and has touched a high and low of Rs. 107.00 and Rs. 103.05 respectively. So far 29820 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 175.55 on 21-Jan-2022 and a 52 week low of Rs. 37.65 on 09-Jul-2021.

Last one week high and low of the scrip stood at Rs. 109.85 and Rs 97.10 respectively. The current market cap of the company is Rs. 200.37 crore.

The promoters holding in the company stood at 52.97% and Non-Institutions held 47.03%.

Add-shop E-Retail has launched new online platform for customers across the India. The company has launched its new updated version of websites and its ecommerce application. Now its new version is live with added features of e-commerce. Anyone can contact company by this platform. The company has more simplified its e-commerce platform by adding new features.

The company would be leveraging on its robust distribution network spread across the country for its ayurvedic products and agriculture products. The company having vast distribution network of more than 1250 franchises spread across India. In addition, the company is having wide customer base, which offers substantial base for marketing its products to them. Such distribution network would be major growth catalyst for the company.

Add-Shop E-Retail is currently engaged in the business of marketing and distribution of products in the categories of ayurvedic products, food supplement products, agricultural products, animal feed supplement products and personal care products under the brand name ‘Add-Shop Promotions’.