Page 19 - Future Retail

Future Group shares rise on reports Amazon may buy stake in Future Retail

Future Retail has soared 19% to Rs 518 in intra-day trade, while Future Enterprises, Future Consumer, Future Market Networks and Future Supply Chain were up in the range of 7% to 15% on the BSE.

Kishore Biyani's Future Retail sees high trade volumes amid Amazon buzz

With a just week of trading left this month, retailer's turnover crosses Rs 610 mn

Future Retail extends gain on pact with Oman-based Khimji Ramdas LLC

The stock rallied 9% to Rs 560 in intra-day trade, extending its past two days 3% gain on the BSE.

Strong near-term triggers for Future Retail

Achieving ambitious 5-year target of smaller stores, however, hinges on execution and customer acceptance

Future Retail Q2 net profit at Rs 153 crore

Shares of the company were trading 0.77% lower at Rs 522.10 apiece on BSE

Future Retail signs SPA for Hypercity Retail's Rs 655 cr acquisition

Shopper Stop owns 51.09 per cent stake in HRIL and rest is owned by the promoter group and others

Future Retail: Synergy gains in HyperCity acquisition

The deal between Shoppers Stop and Future Retail is a win-win for both sides as it helps the former bring down its debt and focus on the departmental store format while enabling the Future group to expand its presence at a reasonable cost. Manish Jain of Nomura believes that there are a number of synergies between the two (Future Retail and Hypercity) given primary focus on food/grocery and fashion. About 40-65 per cent of merchandise for the two retailers falls in the grocery segment, while the proportion of fashion/apparel is in the 17-30 per cent range. Given the higher focus of both retailers on private labels in the foods business this should help boost margins of Future Retail going ahead and improve sourcing of products (Premium Harvest, Tasty Treat among others) from sister concern Future Consumer. Finally, with its asset-light strategy Future Retail would be able to expand the footprint of HyperCity which the current management has been unable to do, says Jain of Nomura.An ...

Future Retail, Future Consumer, Future Lifestyle hit record highs

Future Retail, Future Lifestyle, Future Consumer and Future Enterprises rallied over 100% in 2017

Future Retail Q1 net jumps two-fold to Rs 148 cr

Total income grew 18.12% to Rs 4,707.44 cr

Future Retail looks to expand its neighborhood stores to 4,000 in 3-5 yrs

The average size of these stores will be around 2,000-3,000 square feet

Future Retail zooms over 100% in two months

In past two months, the stock rallied 117% as compared to 10% rise in the S&P BSE Sensex.

Future Retail zooms 20% post Q3 results

The stock locked in upper circuit of 20% to Rs 227, also its record high on the BSE

Future Retail locked in lower circuit; stock trades ex-demerger

Future Retail has fixed May 12 as the record date for the purpose of determining the entitlement for issue of shares of Bharti Retail to the holders of equity shares.

Future Retail gains on stake sale plan in arm to SSG Capital

The stock rallied 5% to Rs 136 on the BSE in early morning trade.

Future Retail gains on acquiring FabFurnish.Com

The company has acquired entire equity shares of FabFurnish.Com.