Shoppers Stop Ltd. News and Updates

Name: Latest research reports of Shoppers Stop Ltd. authored by East India Securities Ltd and published by - Trendlyne research reports.
Item: Shoppers Stop Ltd.
Rating: 1
Author: East India Securities Ltd

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Shoppers Stop Ltd.

18 Jul 2024

487.95

-0.28%

to see Rapid results content

Shoppers Stop Ltd.

24 Jun 2024

487.95

-0.28%

Shoppers Stop targets to inaugurate 60 new INTUNE stores this year

Business Standard

Multi-brand fashion retailer Shopper Stop plans to open 60 new stores under its affordable retail format INTUNE in the current fiscal, a top official has said. Through INTUNE, Shoppers Stop aims to capitalise on mass premium opportunities, disrupting India's value fashion landscape, according to the latest annual report of the K Raheja Corp group firm. Shoppers Stop, which competes with similar value formats as Trent's Zudio and Landmark of Max Fashion, is leveraging real-time insights, enabling frequent product drops and assortment refinements to stay ahead, it added. "We are targeting 60 new stores in FY2024-25 backed by strategic investments in merchandising, store operations, and customer analytics capabilities," the company said. Shoppers Stop, which has opened 22 INTUNE stores within nine months of launch, said the Indian value fashion segment is witnessing an "inflection point" fuelled by the aspirations of the rapidly growing middle class. Its Managing Director & Chief...

Shoppers Stop Ltd. is trading below all available SMAs

Shoppers Stop To Open 60 New INTUNE Stores In FY25

NDTV Profit | 24 Jun 2024

Shoppers Stop Ltd.

06 May 2024

487.95

-0.28%

Other income saves the day

Sell: Shoppers Stop Ltd.

Recommendation Target

East India Securities Ltd

SS is currently trading at P/E of 35.8x on FY26 basis. We value the stock based on P/E methodology and assign multiple of 30x on FY26E PAT of Rs 2,248mn to arrive at a target
price of Rs613 per share, which is a potential downside of 16.3% from current market price and recommend “Sell” on the stock.

Shoppers Stop Ltd. has lost -33.13% in the last 1 Year

Shoppers Stop Ltd.

02 May 2024

487.95

-0.28%

Shoppers Stop Q4 Review - Soft Earnings Continues; Focusing On Beauty, Intune: Motilal Oswal

NDTV Profit

Ebitda rises 4% YoY (6% miss) due to gross margin contraction

Shoppers Stop Ltd. has lost -23.25% in the last 6 Months

Shoppers Stop Ltd.

30 Apr 2024

487.95

-0.28%

Shoppers Stop Results Earnings Call for Q4FY24

Conference Call with Shoppers Stop Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.

audio

Shoppers Stop Ltd.

30 Apr 2024

487.95

-0.28%

to see Rapid results content

Shoppers Stop Ltd.

30 Apr 2024

487.95

-0.28%

Soft earnings continues; focusing on Beauty and Intune

Neutral: Shoppers Stop Ltd.

Target

Motilal Oswal

Shoppers Stop (SHOP) reported 4% YoY growth in EBITDA (6% miss) in
4QFY24, as 9% YoY revenue growth was offset by inventory write-off and
GM contraction of 270bp YoY