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
| Momentum Trap

513.6000 8.05 (1.59%)

NSE May 23, 2025 15:31 PM

45.56% Fall from 52W High

Volume: 33,185

Shoppers Stop Ltd.

21 Oct 2022

513.60

1.59%

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 all available SMAs