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Shoppers Stop Share Price Dips 1.46% Ahead of Q3 FY25 Results

Written by: Nikitha DeviUpdated on: Jan 14, 2025, 3:09 PM IST
Shoppers Stop share price fell 1.46% to ₹596.45 on January 14, 2025, ahead of Q3 FY25 results, nearing its 52-week low of ₹575 hit on January 6.
Shoppers Stop Share Price Dips 1.46% Ahead of Q3 FY25 Results
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Shoppers Stop Limited is gaining attention on Tuesday ahead of the Q3 FY 2025 financial results announcement.

On January 14, 2025, Shoppers Stop share price (NSE: SHOPERSTOP) opened at ₹612.00, down from its previous close of ₹605.30. At 10:01 AM, the share price of Shoppers Stop was trading at ₹596.45, down by 1.46% on the NSE. Notably, the stock touched its 52-week low at ₹575.00 recently on January 6, 2025.

Board Meeting Announcement

Earlier this month, in January 2025, the company announced that its Board of Directors would convene on Tuesday, January 14, 2025, to review the unaudited financial results for the quarter and the nine months ending December 31, 2024.

Financial Performance in Q2 FY 2025

In Q2 FY 2025, the company reported sales of ₹1,068 crore, a 4% increase compared to ₹1,025 crore in Q2 FY 2024. However, the company recorded a loss of ₹22 crore in Q2 FY 2025 compared to a profit of ₹2 crore in Q2 FY 2024.

About Shoppers Stop Limited

Shoppers Stop Ltd, established in 1991, is one of the leading retailers in India of premium fashion and beauty brands. As of December 31, 2022, it offers a portfolio of more than 800 brands and operates 271 stores across 50 cities nationwide.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 14, 2025, 10:23 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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