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Pantaloons Fashion & Retail advances after large bulk deal

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Pantaloons Fashion & Retail rose 3.51% to Rs 186 at 11:47 IST on BSE after 8.75% equity changed hands in a bulk deal on BSE today, 2 July 2015.

A bulk deal of 81.26 lakh shares was executed on Pantaloons Fashion & Retail scrip at Rs 177 per share in opening trade on BSE today, 2 July 2015.

Meanwhile, the BSE Sensex was up 62.08 points, or 0.22%, to 28,082.95

Bulk deal boosted volume on the scrip. On BSE, so far 83.80 lakh shares were traded in the counter, compared with an average volume of 30,552 shares in the past one quarter.

 

The stock hit a high of Rs 195 and a low of Rs 165 so far during the day. The stock hit a 52-week high of Rs 209.90 on 21 May 2015. The stock hit a 52-week low of Rs 100.35 on 16 December 2014.

The stock had underperformed the market over the past one month till 1 July 2015, falling 2.28% compared with 0.62% rise in the Sensex. The scrip, however, outperformed the market in past one quarter, gaining 56.81% as against Sensex's 0.85% decline.

The small-cap company has an equity capital of Rs 92.79 crore. Face value per share is Rs 10.

Pantaloons Fashion & Retail reported net loss of Rs 63.78 crore in Q4 March 2015, lower than net loss of Rs 70.75 crore in Q4 March 2014. Net sales rose 12.5% to Rs 450.51 crore in Q4 March 2015 over Q4 March 2014.

Pantaloons Fashion & Retail, one of the top clothing brands in the world, is India's fastest growing premium lifestyle company. With innovative designs, concepts and products, the company brings the latest trends in fashion and clothing styles to the apparel market.

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First Published: Jul 02 2015 | 11:45 AM IST

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