Future Retail Ltd.

NSE: FRETAIL | BSE: 540064 | ISIN: INE752P01024 |Industry: Department Stores
|Weak Stock
77.80 2.60 (3.46%)
NSE Oct 23, 2020 15:31 PM
Volume: 5.5M
 

Future Retail Ltd.    
31 Mar 2017
77.80
3.46%
Yes Securities
Future Retail Ltd (FRL) is the retailing arm of the Future Group, selling products ranging from food, apparels, appliances to general merchandise through large and small store formats including Big Bazaar (BB), Easyday (ED), Foodhall, Fashion at Big Bazaar (FBB), and ezone. As of 31 December 2016, FRL had retail space of ~ 13 mn square feet (sq ft) with BB forming ~75% of the total space; ED~ 6%; HomeTown~10% and FBB (standalone stores) and ezone contributed equally to the balance. We like FRL's leadership position in the fast growing modern retail space; focus on improving profitability; and the strong expansion plans within the retail space. We expect FRL to...
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Number of Mutual Funds holding stock fell by 16 to 5 in Sep 2020 qtr.
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