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20 Oct 2026, 06:47 IST

Shoppers Stop Limited

HDFC Securities · REDUCE · target INR 360

The note says Shoppers Stop's topline grew 4.4% YoY in Q2 with improved margins, but maintains a REDUCE rating with a DCF-based target of INR 360.

From HSIE Results Daily 20 Oct 26 HSIE, written by HDFC Securities. Orivam summarised it; the view is HDFC Securities's, not Orivam's.

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