ICICI Direct News
Pain not over yet for Pantaloon Retail
While core retail sales grew in single digit, debt will remain at elevated levels despite the recent deal with Aditya Birla Nuvo
Pantaloon Retail posted disappointing performance for the quarter ended March 2012, reflecting continued stress in its core business. Not surprisingly, its stock fell 4.65 per cent on Wednesday, to close at Rs 140.65. While core retail sales grew in single digits, net profit
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