Shoppers Stop Limited
HDFC Mutual Fund increased its stake in Shoppers Stop from 7.46% to 9.49%, buying 22,33,415 shares via open market purchase.
India's leading fashion and beauty retailer, Shoppers Stop operates a network of stores across major cities offering a carefully curated portfolio of domestic and international brands. The company specializes in premium fashion, accessories, and beauty products, serving customers through both physical retail locations and digital channels. Established in 1991, it has built a distinctive presence in India's organized retail segment through its diverse brand offerings and multi-channel approach.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.