India's Shoppers Stop falls after posting Q1 loss

Shoppers Stop

18/07/2025 07:29

** Shares of Shoppers Stop SHOP.NS fall 3.4% to 551.8 rupees, set for their biggest one-day pct decline since end-April

** Store chain operator posted Q1 loss of 157.4 million rupees ($1.83 million) vs 19.9 mln rupees profit previous qtr, as an uptick in sales was offset by higher costs

** Y/Y, their loss narrowed by 30%

** More than 213,000 shares traded, about twice the 30-day avg

** Analysts' avg rating on stock is "hold"; median PT is 680 rupees - data compiled by LSEG

** Stock down 8.6% YTD

($1 = 86.1790 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))