Electronics Mart India Limited changes brand in one store located at Nexus Mall, Hyderabad

Electronics Mart India Limited's store, located at Nexus Mall, Hyderabad, operated as an Exclusive Brand Outlet (EBO) for the MI brand. However, the Company decided to transition this outlet to a Specialized Outlet (MBO) named "Audio & Beyond", effective 14th October 2024.

This decision has been made to expand our product offerings to modular and wireless surround sound solutions that deliver rich audio experiences with seamless control. The key changes and benefits anticipated from this transition include:

Expanded Product Range: The store will now offer a variety of brands, including international brands like Gallo, Acoustic, etc., providing our customers with a wider selection of high-quality products, thereby enhancing their shopping experience.

Enhanced Customer Experience: We offer multiple brands to cater to a broader range of customer preferences and enhance their shopping experience.

Strategic Growth: This move aligns with our strategic goals to diversify our retail offerings and strengthen our market presence.

Shares of Electronics Mart India Limited was last trading in BSE at Rs. 215.20 as compared to the previous close of Rs. 215.25. The total number of shares traded during the day was 25592 in over 551 trades.

The stock hit an intraday high of Rs. 219.00 and intraday low of 214.35. The net turnover during the day was Rs. 5528864.00.

Source : Equity Bulls

Keywords

ElectronicsMartIndia INE02YR01019 Retail EBO MIbrand SpecializedOutlet AudioandBeyond