Shoppers Stop shares surge 11%
Wed, Jan 15, 2025 10:31 AM

Shoppers Stop shares surge 11%

A Flip by Swapnil Tiwari
Get it on Google Play
Shares of Shoppers Stop climbed as much as 10.8% on Wednesday to Rs 688 on the BSE after the department store chain posted a nearly 41% year-on-year (YoY) rise in quarterly profit, after two straight quarters of loss, driven by strong demand for premium products such as watches and perfumes during the festive season.

More great flips

Axis Bank Q3 Results Preview: Net profit may rise 6% YoY

Axis Bank Q3 Results Preview: Net profit may rise 6% YoY

Q3 Results Preview: Axis Bank is set to announce its earnings for the third quarter of FY25 tomorrow, January 16. The private sector lender is likely to witness a single-digit growth in its net profit and interest income along with a minor drop in net interest margins. Axis Bank share price was trading more than 2% lower on Wednesday, a day ahead of its Q3 results announcement.

Open Flip
Anushka Sharma and Virat Kohli to host Griha Pravesh ceremony

Anushka Sharma and Virat Kohli to host Griha Pravesh ceremony

Anushka Sharma and Virat Kohli, one of Bollywood's most beloved couples, are currently in India, spending quality time with their families. Recently, they were spotted frequently near the Gateway of India, catching ferries to their new home in Alibaug. The couple’s housewarming ceremony, or Griha Pravesh, is making headlines, with a video of the preparations going viral on social media.

Open Flip
Merchandise trade gap widens to $21.94 bn in December

Merchandise trade gap widens to $21.94 bn in December

India's merchandise trade deficit widened to $21.94 billion in December 2024 from the same time last year, data released on January 15 showed. While merchandise exports fell nearly 1 percent in December 2024, goods imports increased 4.9 percent. The trade deficit was $18.76 billion in December 2023.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon