Cantabil Retail India achieves milestone of 400 stores

Cantabil Retail India Limited (BSE: 533267NSE: CANTABIL), Incorporated in 1989 is in the business of designing, manufacturing, branding and retailing of apparels and accessories, has announced that the Company has achieved its milestone of 400 stores today with opening of a new store in Hajratganj, Lucknow.

Commenting on this result, Mr. Vijay Bansal, (Chairman & Managing Director) of Cantabil Retail India Limited said - "I am happy to share that we have achieved the target of opening 400 stores across the country. This is in line with its stated strategy of business expansion and growth plans. We intend to stay on the same strategic path resulting in higher penetration and presence in new locations pan India. All this has been possible due to the support of our employees, store staff and mainly customers who have boosted our morale in this journey. My heartfelt gratitude to all of them."

Shares of Cantabil Retail India Limited was last trading in BSE at Rs. 1039.55 as compared to the previous close of Rs. 1037.45. The total number of shares traded during the day was 306 in over 88 trades.

The stock hit an intraday high of Rs. 1053.00 and intraday low of 1016.85. The net turnover during the day was Rs. 315082.00.

Source : Equity Bulls

Keywords

CantabilRetailIndia INE068L01016 400Stores Milestone Hajratganj Lucknow