India's Stanley Lifestyles gains after cutting prices for festive season
23/09/2025 08:41
** Shares of Stanley Lifestyles STAY.NS rise 4.3% to 313 rupees ** Luxury furniture manufacturer and retailer said it is decreasing prices of its products across 'Stanley Boutique' retail format primarily on account of India's festive season ** Trading vols over 4x the 30-day average at 200,031 shares so far ** India has, effective Monday, slashed consumption tax on hundreds of items to spur domestic demand ** Stock set to gain for fifth straight session ** STAY is down ~24% YTD (Reporting by Vijay Malkar) ((VijayDattaram.Malkar@thomsonreuters.com;))
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