Shoppers Stop’s (SHOP) revenue performance has been in line with the expectations of both the author and the consensus. SHOP is focusing on key growth vectors, including private label, beauty, loyalty programmes, retail expansion, re-innovation, and technology, and has been successful in delivering on these areas. The highest-ever gross margin of 43%, which is higher […]
By Rohan Patil Last week was an event-driven week where Nifty 50 held its volatility till the completion of the event and later on bulls confirmed their dominance and prices traveled above its resistance zones confirming the bullish breakout on the daily time frame. Prices witnessed a throwback in the last couple of trading sessions […]