Future Retail Limited

Future Retail Limited Shares Rose 0.05% After Q1 Results

Future Retail Limited Shares Rose 0.05% After Q1 Results On 16th September 2020:

To begin with, Future Retail Limited shares traded with a 0.05% gain in today’s Intraday trade. Also, until now, the company exchanged 1,12,029 shares hands on the counter.

Moreover, the company shares started at Rs. 103.00 per equity share on the National Stock Exchange. The stocks reached the Intraday high value of Rs. 107.00 per eq share. Similarly, the Intraday low value of Rs. 101.25 per share.

According to the source, the company reached its 52-week highest value of Rs. 406.60. Also, it reached the 52-week lowest value of Rs. 61.05. As per the records, the total market capitalization stood at Rs. 5,676.86 Cr.

On 30th June 2020, Future Retail Ltd. announced its consolidated sales worth Rs. 1,358.11 Cr. Comparatively, the company sales declined by 69.77% from its last quarter sales of Rs. 4,492.36 Cr. Also, its sales declined by 73.87% of Rs. 5,197.11 Cr in the previous year.

Furthermore, the net loss stood at Rs. 561.95 Cr in the current quarter. By the ending in June 2020, the company promoters held 41.73% of its stake, FIIs held a 10.98% stake and DIIs held a 3.60% stake. 

Presently, the bank shares quoted with a price-to-earnings ratio in multiples of -7.99. Similarly, the company’s price-to-book value ratio of 1.28.

Future Retail shares trading with a loss of 1.05 points and reached 102.80 INR with 1.01% down. Previously, the company shares closed at 103.85 INR.

Stock Market Update: 

Stock Market September 16th: On Wednesday, both Sensex and Nifty seem to trade in a bullish trend in the stock market. The Sensex stood traded gain with 39,279.51 levels and Nifty stood traded gain with 11,608.35 levels. The Sensex raised 235.16 points with a 0.60% gain. Besides, Nifty has raised 86.55 points with a 0.75% gain.

On the other hand, the number of confirmed or coronavirus cases in India reached 50,20,359 as of September 16th, and deaths reached 82,091.

In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market today. It raised 27.89 points with a 0.19% gain and reached a 15,042.63 level. The S&P BSE Smallcap index raised 56.36 points with a 0.36% gain and reached a 15,419.93 level. However, the Nifty Bank raised 142.25 points with a 0.63% gain and reached a 22,607.90 level.

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