Shares of Shopper Stop dropped by 4.47% to ₹684.65 at 9:25 AM on Tuesday after the company reported weak Q2 FY24-25 earnings. The retailer faced muted demand during July and August, which significantly impacted its performance, resulting in a ₹21 crore loss for the quarter.
The weak consumer sentiment in key months dragged down Shopper Stop’s overall results, leading to a negative reaction from investors.
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