Trending stocks: Future Retail shares surge nearly 11%

NEW DELHI: Shares of Future Retail Ltd. traded 10.62 per cent up in Thursday's trade at 09:59AM (IST). Around 2812731 shares changed hands on the counter. The stock opened at Rs 121.7 and touched an intraday high and low of Rs 135.0 and Rs 112.0, respectively, in the session so far.

The stock quoted a 52-week high of Rs 489.45 and a 52-week low of Rs 60.7.

Financials

Future Retail Ltd., incorporated in the year 2007, is a Mid Cap company (having a market cap of Rs 6454.92 Crore) operating in Retail sector.

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 5193.19 Crore, down -4.70 % from last quarter Sales of Rs 5449.06 Crore and down -3.26 % from last year same quarter Sales of Rs 5368.46 Crore Company has reported net profit after tax of Rs 166.37 Crore in latest quarter.

Future Retail Ltd. key Products/Revenue Segments include Traded Goods which contributed Rs 21288.16 Crore to Sales Value (96.51 % of Total Sales) and Other Operating Revenue which contributed Rs 768.79 Crore to Sales Value (3.48 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 41.73 per cent stake in the company as of quarter ended 31st Dec 2019.

Valuation ratio
It quoted a price-to-earnings ratio of 10.5 and price to book value of 1.75.