Retail stock jumps 4% after company opens new store in Golaghat, AssamRetail stock jumps 4% after company opens new store in Golaghat, Assam

Introduction:

Retail stock has expanded its presence by opening a new store in Golaghat, Assam, marking a significant step in its growth strategy. This addition brings the total store count to 210, highlighting the company’s focus on regional expansion and catering to a wider customer base.

Share Price movement of Baazar Style Retail:

On March 10, 2025, Baazar Style Retail Limited opened at ₹232.60, reaching a high of ₹242.35 and a low of ₹230.10, up 3.17% from its previous close of ₹229.29. The stock is currently trading at ₹236.55, with a market cap of ₹1,765.07 crore.

Baazar Style Retail opens new store:

Baazar Style Retail Limited has opened a new store at Golaghat, Assam, marking a significant expansion in its retail network. This store adds to the company’s growing presence in the region, reinforcing its commitment to regional growth and accessibility.

With the addition of this store, the total number of Baazar Style Retail Limited’s stores now stands at 210. This milestone reflects the company’s steady progress in increasing its footprint and catering to the needs of a broader customer base across India.

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Recent news About Baazar Style Retail:

In Q3 FY25, Baazar Style Retail reported a 20.64% year-on-year decline in consolidated profit, amounting to ₹30.41 crore. However, revenue from operations increased by 23.52% to ₹411.60 crore during the same period. ​

Ace investor holding of Baazar Style Retail:

Rakesh Jhunjhunwala, through his firm Rare Enterprises, holds a 0.23% stake in Baazar Style Retail, totaling 392,431 shares with a total holding of 2,884.4 Cr. His investment reflects a long-term strategy of backing companies with strong growth potential in the retail and consumer sectors.

Kiranben Girishbhai Chovatia owns 1.46% of Baazar Style Retail, with 1,089,428 shares and total holding of 25.8 Cr. Chovatia’s stake indicates a strategic investment in the retail market, aiming to capitalize on the company’s growth within the expanding consumer sector.

Stock performance of Baazar Style Retail for Period of 1 week and 6 months:

Baazar Style Retail’s stock has gained 6.83% over the past week, showing positive short-term performance. However, over the last six months, it has declined by 38.1%, indicating significant challenges. 

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Shareholding pattern of Baazar Style Retail:

All values in %	Dec-24	Sep-24
Promoters	45.56	45.56
FII	5.98	6.53
DII	10.44	9.96
Retail & others	38.02	37.95

About Baazar Style Retail:

Baazar Style Retail Limited is a prominent player in the Indian retail sector, specializing in fashion and lifestyle products. The company focuses on expanding its store network and enhancing customer experience while exploring opportunities in both offline and online sales channels.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.