Guidelines

Should I buy Spencer retail shares?

by Author

Should I buy Spencer retail shares?

As on 3rd Dec 2021 SPENCERS Share Price closed @ 103.55 and we RECOMMEND Buy for LONG-TERM with Stoploss of 91.92 & Strong Sell for SHORT-TERM with Stoploss of 120.26 we also expect STOCK to react on Following IMPORTANT LEVELS.

Is Spencer profitable?

Company has reported net profit after tax of Rs -28.67 Crore in latest quarter.

Who is promoter of Spencer?

It is owned by RP-Sanjiv Goenka Group. Spencer’s acquired the premium retail chain Nature’s Basket from the Godrej Group in May, 2019.

Why is Navkar Corporation falling?

Since November 2018, Navkar Corporation slipped 40\% after 87\% year-on-year (YoY) declined in its standalone net profit at Rs 33 million in September quarter, due to higher operational expenses. The company had a profit of Rs 258 million in the year-ago quarter.

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What is the business of Spencer retail?

Spencer’s Retail Limited, part of RP Sanjiv Goenka Group, is a multi-format retailer providing a wide range of quality products across categories such as food, personal care, fashion, home essentials, electrical and electronics to its key consumers.

What did Spencer’s sell in 1947?

With his brother Harry, Adler started Spencer Gifts as a mail-order business in 1947. Their catalog, which became an immediate success, was populated with items like do-it-yourself backyard skating rinks and cotton candy makers [PDF]—items no one really needed but were inexpensive enough to indulge in.

Is Policybazaar listed in share market?

The parent company of Paisabazaar has been listed at both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) at 10 am on November 15. It received a healthy response from the buyers. The decent listing of the PB Fintech or Policybazaar IPO has taken many experts and analysts by surprise.

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How can I get franchise of Spencer?

Spencers Franchise Business Opportunity – Snapshot

  1. Line of Business. Supermarket.
  2. 1500 – 2500 Sq. ft.
  3. Approx. 90\%
  4. Infrastructure Investment. Rs. 30 Lakhs – Rs. 60 Lakhs.
  5. ROI Timeframe. 1 – 1.5 Years.

How many stores does Spencer have in India?

Today, Spencer’s runs 120 stores, including 37 Hyper stores in over 35 cities in India.

Is Spencer’s retail a small or medium cap company?

Spencer’s Retail Ltd., incorporated in the year 2017, is a Small Cap company (having a market cap of Rs 856.70 Crore) operating in Retail sector. Spencer’s Retail Ltd. key Products/Revenue Segments include Income from Retailing and Other Operating Revenue for the year ending 31-Mar-2020.

What are the key products/revenue segments of Spencer’s retail?

Spencer’s Retail Ltd., incorporated in the year 2017, is a Small Cap company (having a market cap of Rs 1,027.50 Crore) operating in Retail sector. Spencer’s Retail Ltd. key Products/Revenue Segments include Income from Retailing and Other Operating Revenue for the year ending 31-Mar-2021.

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Is Avenue Supermarts a large cap company?

Avenue Supermarts Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 255,903.39 Crore) operating in Retail sector. Avenue Supermarts Ltd. key Products/Revenue Segments include Income from Retailing and Other Operating Revenue for the year ending 31-Mar-2021.