Shrikhand News

Industry

Shoppers Stop plans to become debt-free in FY19

In 2018-19, the Shoppers Stop's debt-to-equity ratio will either become zero or turn positive, says managing director Govind Shrikhande

2 min read9 Feb 2018
Companies

Shoppers Stop to use recent divestments to reduce debt

Shoppers Stop’s standalone debt will come down from around Rs492 crore to around Rs200 crore, says managing director Govind Shrikhande

2 min read11 Oct 2017
Market

Amazon investment to help Shoppers Stop add 25% more stores, shares surge

Amazon's investment in Shoppers Stop will help the Indian company boost revenue and add 25% more stores, while the US firm expands its reach into India's smaller towns

2 min read25 Sep 2017
Market

Shoppers Stop: a forgettable quarter

Shoppers Stop's like-to-like growth declined 1.1% during the March quarter, clocking the worst performance in the past eight quarters at least

2 min read9 May 2017
Companies

Shoppers Stop Q1 loss narrows to Rs13 crore

Shoppers Stop had posted a net loss of Rs21.64 crore for the same period in the previous fiscal

1 min read29 Jul 2016
Companies

Shoppers Stop to raise funds

Govind Shrikhande, managing director of Shoppers Stop said that the funds will be used mainly for the company's HyperCity business

1 min read4 May 2016
Market

Shoppers Stop makes a decent comeback in fourth quarter

Though the adverse impact from online firms was sequentially less in the March quarter, will the results change investor sentiment for the stock positively?

2 min read5 May 2015
Industry

Brick-and-mortar chains step up promotions, refurbish stores

Firmsofferbigdiscounts, redo stores to improve customer experience and push back competition from online retailers

4 min read6 Apr 2015
Videos

If I were FM | Govind Shrikhande, Shoppers Stop

Shrikhande, CEO & MD, Shoppers Stop says if he were FM he would restart GDP growth in banking area

24 Feb 2015
Companies

Shoppers Stop’s stand-alone Q4 net profit drops 46.61% as costs rise

Net profit drops to `8.1 crore; stand-alone sales grow 18.06% to `737.45 crore from `624.65 crore a year-ago

2 min read29 Apr 2014
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