Future Group shares gain on talks of global interest

Future Retail, Future Enterprises and Future Consumer have rallied more than 5% on the BSE.

Shares of Future Group companies have rallied by up to 14% on the BSE after the media reported that Google, Paytm Mall may team up to shop for Future Retail stake.

Future Retail has surged nearly 8% to Rs 558 in intra-day trade on back of heavy volumes. The trading volumes jumped more than three-times with a combined 3.35 million shares changed hands on the counter on the BSE and NSE till 03:02 pm.

“The Company evaluates various possibilities, including in relation to business association with third parties, which is always a subject matter of further feasibility studies