07-08-2024 01:57 PM | Source: Accord Fintech
Shoppers Stop gains on entering into partnership with Single.id
News By Tags | #StockMarket #ShoppersStop

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Shoppers Stop is currently trading at Rs. 703.50, up by 3.05 points or 0.44% from its previous closing of Rs. 700.45 on the BSE.

The scrip opened at Rs. 705.50 and has touched a high and low of Rs. 717.20 and Rs. 700.00 respectively. So far 1700 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 919.00 on 10-Jul-2024 and a 52 week low of Rs. 623.00 on 02-Nov-2023.

Last one week high and low of the scrip stood at Rs. 790.00 and Rs. 696.40 respectively. The current market cap of the company is Rs. 7725.42 crore.

The promoters holding in the company stood at 65.58%, while Institutions and Non-Institutions held 29.64% and 4.78% respectively.

Shoppers Stop has entered into partnership with Single.id to make the Shoppers Stop First Citizen Club more rewarding. As part of this new collaboration, Shoppers Stop launches a brand-new app powered by Single.id, aimed at significantly enhancing the consumer reward experience for millions of its customers.

By integrating the Single.id technology on its new app, Shoppers Stop aims to bring unparalleled convenience and value to its 10 million plus First Citizen Club Members. Customers using the new Shoppers Stop First Citizen Club rewards app will seamlessly acquire vINR rewards at Shoppers Stop and an impressive network of partner brands such as McDonald’s, Pizza Hut, Mad over donuts, Truefitt & Hill, Himalaya, Unicorn and many more outside the Shoppers Stop ecosystem, whenever they use a linked credit or debit card to pay. With high security features, users simple can add the card and collect rewards forever. 

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.