India's Stanley Lifestyles gains after cutting prices for festive season

Stanley Lifestyles

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;))