NSE: SHOPERSTOP | BSE: 532638

Momentum Trap

Download real time

395.50 -9.20 (-2.27%)

29.12% Fall from 52W High

40,974 NSE+BSE Volume

NSE 05 Oct, 2026 3:31 PM (IST)

4,358.6

Market Cap

Above industry Median

Beta 1Year

High Volatility

Shoppers Stop Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SHOPERSTOP, BSE:532638 Shoppers Stop Ltd.

Search Inside the pdf :

Shoppers Stop Ltd.

11 Aug 2026

395.50

-2.27%

Quality of growth improves, returns to follow

Neutral: Shoppers Stop Ltd.

Target

Motilal Oswal

FY26 marks the first clear evidence that Shoppers Stop (SHOP)’s strategic repositioning is translating into better operating performance, with improving store productivity, stronger customer metrics and disciplined capital allocation driving higher-quality earnings.

Shoppers Stop Ltd. has an average target of 412.50 from 2 brokers.

Shoppers Stop Ltd.

23 Jul 2026

395.50

-2.27%

Premiumization driving productivity; execution gathering pace

Neutral: Shoppers Stop Ltd.

Target

Motilal Oswal

Shoppers Stop (SHOP) posted a strong recovery in profitability, with pre-IND AS EBITDA rising 36% YoY to INR414m and EBITDA margin improving 55bp YoY to 3.0%, reflecting better operating leverage and disciplined cost control.

Shoppers Stop Ltd. is trading above its 200 day SMA of 362.1

Shoppers Stop Ltd.

23 Jul 2026

395.50

-2.27%

Growth without gain

Hold: Shoppers Stop Ltd.

Target

ICICI Securities Limited

Shoppers Stop (SHOP) posted standalone revenue growth of 8.3% YoY, with department store LFL (like-for-like) growth at 6%. Gross margin contracted ~82bps YoY to 40.1%, while EBITDA margin held broadly stable at 15.2%.

Shoppers Stop Ltd.'s price crossed below 50Day SMA today

Shoppers Stop Ltd.

07 May 2026

395.50

-2.27%

Top-line resilience overshadowed by persistent structural margin weakness

Hold: Shoppers Stop Ltd.

Target

ICICI Securities Limited

Shoppers Stop (SHOP) posted resilient 9.3% YoY revenue growth in Q4FY26, with full-year department store LFL at ~4.7%. Management is driving premiumisation, scaling Intune, and targeting a debt-free balance sheet by FY27.

Shoppers Stop has gained 33.75% in the last 6 Months

Shoppers Stop Ltd.

06 May 2026

395.50

-2.27%

Premium push driving growth; Earnings recovery gradual

Neutral: Shoppers Stop Ltd.

Target

Motilal Oswal

Shoppers Stop (SHOP) delivered its strongest departmental store performance in a decade with FY26 LFL growth of 4.7%, supported by premiumization, improved footfalls, and healthy traction across non-apparel categories.

Shoppers Stop Ltd.'s price crossed below 50Day SMA today

Shoppers Stop Ltd.

22 Jan 2026

395.50

-2.27%

Strategy still finding its fit

Hold: Shoppers Stop Ltd.

Target

ICICI Securities Limited

Shoppers Stop (SHOP)’s modest Q3FY26 revenue growth despite its ongoing strategic initiatives – to drive growth in both premium and value segments – casts a shadow over near-term growth momentum.

Shoppers Stop has gained 33.75% in the last 6 Months

Shoppers Stop Ltd.

21 Jan 2026

395.50

-2.27%

Weak 3Q; profitability to remain under pressure

Neutral: Shoppers Stop Ltd.

Target

Motilal Oswal

Shoppers Stop (SHOP) reported a weak 3Q, with performance impacted by weaker-than-anticipated discretionary demand amid an early festive shift, resulting in operating deleverage.

Shoppers Stop Ltd. has an average target of 412.50 from 2 brokers.

Shoppers Stop Ltd.

19 Oct 2025

395.50

-2.27%

Footfall recovery drives growth; profitability remains under pressure due to investments in new ventures

Neutral: Shoppers Stop Ltd.

Target

Motilal Oswal

Shoppers Stop’s (SHOP) revenue growth accelerated to 10% YoY in 2QFY26 (vs. +6% YoY in 1Q), led by a 10-year high LFL of ~9.4% in departmental stores and ~70% YoY growth in INTUNE (driven primarily by store additions).

Shoppers Stop Ltd.'s price crossed below 50Day SMA today

Shoppers Stop Ltd.

18 Jul 2025

395.50

-2.27%

Profitability improves; INTUNE scale-up key to re-rating

Neutral: Shoppers Stop Ltd.

Target

Motilal Oswal

Shoppers Stop (SHOP) revenue grew 6% YoY in 1QFY25 (vs. +8%/+2% YoY in 3Q/4Q), led by 5% LFL growth in Departmental format and ~2x growth in INTUNE.

Shoppers Stop Ltd.'s price crossed below 50Day SMA today

Shoppers Stop Ltd.

15 Jan 2025

395.50

-2.27%

Growth improves slightly; INTUNE ramp-up key trigger

Neutral: Shoppers Stop Ltd.

Target

Motilal Oswal

Shoppers Stop (SHOP) reported in-line results, with a slight pick-up in revenue growth (+9% YoY) on 4% LFL growth (-4% YoY in 2Q). EBITDA rose 11% YoY, driven by higher gross margins on lower write-offs and improved intake margins in private brands.

Shoppers Stop has gained 33.75% in the last 6 Months

Is Shoppers Stop Ltd. worth buying?

67 Votes:

Buy 62.69%

Sell 26.87%

Hold 10.45%

RESEARCH REPORTS

Neutral SEE REPORTS >

pdf

Hold SEE REPORTS >

pdf