Future Lifestyle share drops nearly 2.5%
FLFL also is known as Future Lifestyle Fashions Limited a part business of Future Group. On Monday, the Future Lifestyle share price decreased to 2.5% from its previous close. The share value trading at Rs. 104.20 in the Monday session. It hits a day high price of Rs. 105.90. Similarly, the stock reached a day low price of Rs. 101.50.
Moreover, Around 6,63,424 shares exchanged on the counter. It quoted a 52-week high price of Rs. 475.00 and a 52-week low price of Rs. 91.35.
Future Lifestyle stock market cap stood at Rs. 2,100.48 crores as of September 14th, 2020.
According to the exchange data, the stock traded in a bearish trend. While FLFL shares traded at a P/E ratio multiple of -4.88. Besides, the price-to-book value stood at 1.29.
As of 30th June 2020, domestic investors held 4.57 percent of stake in Future lifestyle. Besides, Promoter and FIIs have 45.78 percent and 22.92% stake in the company.
The firm published a consolidated net sales of Rs. 85.82 crores for the first quarter of the current financial year. Besides, the Q1 results down by 94.05% from its previous quarter of Rs. 1,442.96 crores. It had posted a consolidated sales of Rs. 1,540.3 crores for the same quarter a year ago.
Stock Market September 14th:
On Monday, both Sensex and Nifty continued a bullish trend in the stock market. The BSE Sensex gained 355.37 points with a 0.91% increased and reached a 39,29.92 level. Besides, the Nifty gains 97.90 points with a 0.85% rose and reached the 11,562.35 level.
On the other hand, the number of confirmed or coronavirus cases in India reached 48,45,003 as of September 14th, and deaths reached 79,754.
In the border markets, the S&P BSE Small-Cap reported a bullish trend in the stock market. It earned 604.50 points with a 4.15% increase and reached 15,162.77 level. The S&P BSE Mid-Cap gains 291.02 points with a 1.99% increase and reached a 14,950.64 level. While the Nifty Bank obtain 94.30 points with a 0.42% rise and reached the 22,574.25 level.