NEW DELHI: Shares of Future Retail Ltd. traded 20.Zero per cent up in Monday’s commerce at 10:52AM (IST) after energy-to-telecom behemoth Reliance Industries (RIL) on Saturday introduced the acquisition of Kishore Biyani’s group for Rs 24,713 crore.
Round 3,866,656 shares modified arms on the counter.
The counter opened at Rs 162.Three and touched an intraday excessive and low of Rs 162.Three and Rs 152.0, respectively, within the session to this point. Shares of the corporate of Future Retail Ltd. quoted a 52-week excessive of Rs 415.05 and a 52-week low of Rs 61.05.
Whole market cap of the Future Retail Ltd. stood at Rs 8799.94 crore on the time of scripting this report.
The corporate reported consolidated gross sales of Rs 5193.19 crore for the quarter ended 31-Dec-2019, down 4.7 per cent from earlier quarter’s Rs 5449.06 crore and down 3.26 per cent from the year-ago quarter’s Rs 5368.46 crore.
The online revenue for up to date quarter stood at Rs 165.18 crore, down 16.36 per cent from the corresponding quarter final 12 months.
As of 30-Jun-2020, DIIs held 3.6 per cent stake within the firm, whereas international institutional buyers held 10.98 per cent and the promoters 41.73 per cent.
Based on BSE knowledge, the stock traded at a price-to-earnings a number of of 12.75 and a price-to-book ratio of two.12. The next P/E ratio reveals buyers are keen to pay a better price due to higher future development expectations. price-to-book value signifies the inherent value of an organization and is the measure of the price that buyers are able to pay even for no development within the enterprise.
Future Retail Ltd. belongs to the Supermarkets business.