Shoppers Stop To Terminate Franchisee Agreement With Crossword Bookstores

Equity Bulls:

Shoppers Stop Ltd has announced that the Company and Crossword Bookstores Limited, its wholly owned subsidiary has mutually agreed to terminate the franchise agreement with effect from end of business hours of September 30, 2010.

The stock was trading at Rs.670.25, down by Rs.2.70 or 0.40%. The stock hit an intraday high of Rs.680 and low of Rs.655.25.

The total traded quantity was 2123 compared to 2 week average of 14316.

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