SENSEX NIFTY

Spencer\'s Retail

Feb 12, 2015 at 11:07 | Source: CNBC-TV18
CESC's third quarter profit after tax is expected to rise 33.9 percent year-on-year to Rs 143 crore, according to a CNBC-TV18 poll.
Nov 25, 2011 at 12:55 | Source: CNBC-TV18
Everyone is all praise of the cabinet for its approval of foreign direct investment in retail. Harsh Goenka, chairman of RPG Group tells CNBC-TV18 that this move will bode well for the companies as well as customers.
Messages on Spencer\'s Retail »

ram68

Silver Member

2 Followers

Provogue  

talks about the mom and pop stores shutting down because of FDI in retail. Lets face it - in the last few years, we have seen a mushrooming of retail stores - Reliance, Future Group, SPAR (now Auchan), Birlas with MORE, Spencers Retail, Nilgiris etc. have opened stores all over the place. How much has

10.25 AM Dec 4th 2012

CESC  

Wait patiently. Once Spencer retail is spun off, that value will be unlocked. You will also see the share rally as EPS ex Spencers will be in the range of Rs 35 to Rs 38. Firstsource is perhaps a reason why the multiple will stay low relative to other Power players (weak governance as shareholder

5.10 PM Nov 7th 2012

ayesha09

Platinum Member

687 Followers

CESC  

they are doing this. 5 years back they entered in to retail buisness and invested aggressively and have still not been able to come in green. because of spencer retail financials the overall financials of CESC has been affected and that is the reason for the stock to trade discount compared to its peers

4.51 PM Oct 28th 2012

Willwin

Platinum Member

964 Followers

CESC  

If they had given only half of this money to support Spencer Retail the market would have welcome the news.

6.38 PM Oct 27th 2012

totalview

Platinum Member

485 Followers

BNK Capital  

BNK Capital is a good proxy play for Retail as it has more than 30 lac shares of CESC which has promoted Spencer Retail Stores all over India. In the next six months, we may hear a tie up with a foreign outfit leading to a jump in CESC share price. Those who want to invest in CESC may also do

10.13 PM Sep 16th 2012

CESC  

Not correct. What is happening is that Music World, a 100% subsidiary of Spencer Retail, is being merged into Spencer Retail. Spencer Retail shall remain a 100% subsidiary of CESC, with Music World operating as a division of Spencer Retail, instead of as a subsidiary. This is a good move

1.34 PM Mar 22nd 2012

bengra

Silver Member

7 Followers

Larsen  

In addition to being in the business of producing and distributing electricity, CESC also holds 95% stake in RPG-SG retail business (Spencer Retail). Hence the stock sometimes sees volatility associated with retail companies, such as news on FDI in retail.

8.24 PM Apr 28th 2012

danielcraig
2011

Platinum Member

46 Followers

Larsen  

Here in Spencers Retail we get imported fruits along with the local ones in the store.Right from apples, grapes, orange, avocado,plums.. I keep buying both and believe me the difference is unbelievable. Your experience in the ME would be same i guess.

1.33 AM Jan 13th 2012

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