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
| Expensive Underperformer

297.9500 2.25 (0.76%)

NSE Apr 06, 2026 15:31 PM

49.39% Fall from 52W High

Volume: 30,801

Shoppers Stop Ltd.

21 Oct 2022

297.95

0.76%

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.

Promoters unpledged 0.03% of shares in last quarter. Total pledge stands at 9.78% of promoter holdings