Garment Mantra Lifestyle Ltd opens 13th store at Surat, Gujarat

Garment Mantra Lifestyle Ltd (Erstwhile Junction Fabrics & Apparels Ltd / GMLL) has opened a new retail garment store by the name of "Price Mantra" under its subsidiary; Twenty-Twenty Trading LLP; in Surat, Gujarat. This store is expected to boost the company's revenue; and promote brand loyalty by catering to a customer base.

Commenting on the expansion of a new Store, Mr. Prem Aggarwal, Chairman & Managing Director,said "We are happy to announce the launch of our 13th store in Surat, Gujarat. The brand continues to reinforce its role in offering up-to-date and affordable fashion for every member of the family, while providing a great instore experience for customers. We are confident that we will receive optimistic response from the people of Surat and will continue to cater to more and more locations in the coming quarter. Now our presence is in Western Region of the India also after Southern and Northern Regions.Price Mantra plans to openmore retail stores by end of FY22 and reach its goal of being present in 15 locations nationally in tune of expanding our market reach and making "Price Mantra" one of the top national retail clothing brands."

The new Store is located at: Shiv Ashish building, opposite metro plastic Baroda pristagevarachha, Surat, 395006.

Shares of Garment Mantra Lifestyle Ltd was last trading in BSE at Rs. 146.15 as compared to the previous close of Rs. 133.75. The total number of shares traded during the day was 30935 in over 275 trades.

The stock hit an intraday high of Rs. 146.95 and intraday low of 130.00. The net turnover during the day was Rs. 4403861.00.

Source : Equity Bulls

Keywords

GarmentMantraLifestyle INE653S01010 Textiles NewShowroom Surat Gujarat