Name: Latest research reports of Shoppers Stop Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Shoppers Stop Ltd.
Rating: 4
Author: ICICI Securities Limited

Shoppers Stop Ltd.

NSE: SHOPERSTOP | BSE: 532638 | ISIN: INE498B01024 | Industry: Department Stores
| Await Turnaround

511.4500 1.50 (0.29%)

NSE Jul 11, 2025 15:31 PM

45.79% Fall from 52W High

Volume: 61,914

Shoppers Stop Ltd.

21 Oct 2022

511.45

0.29%

Robust quarter; momentum picking up

Accumulate: Shoppers Stop Ltd.

Recommendation Target

ICICI Securities Limited

Shoppers Stop’s (SHOP) reported revenue of Rs10bn (up 60% YoY, 7% QoQ) and EBITDA of Rs1.7bn in Q2FY23, which were above consensus estimates.

Shoppers Stop Ltd. is trading below its 100 day SMA of 513.2