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Shoppers Stop is currently trading at Rs. 634.65, up by 16.95 points or 2.74% from its previous closing of Rs. 617.70 on the BSE.

The scrip opened at Rs. 634.95 and has touched a high and low of Rs. 653.35 and Rs. 631.95 respectively. So far 14438 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 819.00 on 21-Oct-2022 and a 52 week low of Rs. 402.90 on 22-Jun-2022.

Last one week high and low of the scrip stood at Rs. 653.35 and Rs. 605.00 respectively. The current market cap of the company is Rs. 6772.95 crore.

The promoters holding in the company stood at 65.46%, while Institutions and Non-Institutions held 27.63% and 6.91% respectively.

Shoppers Stop has received approval for additional investment in Global SS Beauty Brands (GSBBL) (formerly known as Upasna Trading) of upto Rs 25 crore in one or more tranches, by way of subscription to Right Issue of 2,500 preference shares i.e. 0.01% Non-Cumulative Optionally Convertible Preference Shares (NOCPS) each at par at face value of Rs 1,00,000 each of GSBBL. GSBBL is a wholly owned subsidiary of the company.  

With the approval of the aforesaid investment, total aggregate investment approved by the Company in GSBBL as on April 26, 2023 is Rs 55 crore, which includes (i) subscription by way of Right issue to Equity shares of Rs 4.95 crore and Preference shares of Rs 20 crore, (ii) approved investment of Rs 5 crore in Preference Shares, yet to be subscribed and (iii) additional investment of Rs 25 crore approved at the Board Meeting held on April 26, 2023.

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