Koutons Retail India has reported a sales turnover of Rs 3.32 crore and a net loss of Rs 39.66 crore for the quarter ended Sep '12
Koutons Retail India board is meeting today to consider & discuss preferential issue /ADR /GDR, reports CNBC-TV18. At 09:28 hrs the share was quoting at Rs 6.51, up Rs 0.29, or 4.66%. It touched an intraday high of Rs 6.53 and an intraday low of Rs 6.20.
NSE is going to suspend trading in Koutons Retail India from April 26, reports CNBC-TV18.
Retail stocks slipped further ahead of an all party meet to break Parliament logjam on FDI in retail.
Retail stocks came under selling pressure on Monday, due to likely protest by opposition parties to the FDI Bill in the Parliament.
Indian retailers finally get a chance to rejoice as the Cabinet has cleared the bill to increase foreign direct investment to 51% in multi-brand retail and 100% in single brand.
Cabinet will consider 51% foreign direct investment (FDI) in multi-brand retail and 100% in single-brand retail.
Anil Khatri of Koutons Retail, in an interview to CNBC-TV18, gave his views on how the debt restructuring plan will help the company to grow further as the interest burden will be reduced.
Koutons Retail India said on Friday its corporate debt recast proposal has been approved late on Thursday by its bankers, led by Indian Overseas Bank.
Koutons Retail India touched an intraday high of Rs 23.15 and an intraday low of Rs 22.05. At 09:29 hrs the share was quoting at Rs 22.65, up Rs 0.95, or 4.38%.
Koutons Retail India touched an intraday high of Rs 21.70 and an intraday low of Rs 19.05. At 11:30 hrs the share was quoting at Rs 20.95, up Rs 1.40, or 7.16%.
Koutons Retail India touched an intraday high of Rs 32.15 and an intraday low of Rs 29. At 11:45 hrs the share was quoting at Rs 30.80, up Rs 1.60, or 5.48%.
Koutons Retail India in the midst of a debt restructuring package. The chairman of the company DPS Kohli, in an interview on CNBC-TV18 said that the company's current debt levels are at Rs 650 crore. As for the CDR package, he said the proposal has received complete support from the banks.
Koutons Retail India is closed to liquidating assets worth Rs 100 crore, reports CNBC-TV18 quoting sources. It touched an intraday high of Rs 39.90 and an intraday low of Rs 36.30. At 12:45 hrs the share was quoting at Rs 38.80, up Rs 2.00, or 5.43%.
Koutons Retail India touched an intraday high of Rs 36.45 and an intraday low of Rs 34.45. At 14:19 hrs the share was quoting at Rs 36.45, up Rs 3.30, or 9.95%.
Koutons Retail India was locked at 10% upper circuit. It touched an intraday high of Rs 33.15 and an intraday low of Rs 30.10. At 14:23 hrs the share was quoting at Rs 33.15, up Rs 3.
Koutons Retail India was locked at 5% upper circuit. It touched an intraday high of Rs 31.40 and an intraday low of Rs 31.40. At 09:18 hrs the share was quoting at Rs 31.40, up Rs 1.50 on the NSE.
Apparel retailer Koutons Retail India Ltd on Wednesday said it has appointed SBI Capital Markets to draft a debt recast scheme as it was unable to repay short-term debt.
Koutons Retail India touched an intraday high of Rs 29.75 and an intraday low of Rs 27.75. At 15:21 hrs the share was quoting at Rs 29.75, up Rs 1.40, or 4.94%. The company has appointed SBI Capital to draft a scheme for debt recast. The company will revoke pledged shares with financial institutions by selling assets and liquidating loans.
Koutons Retail India has reported a sales turnover of Rs 109.79 crore and a net loss of Rs 63.15 crore for the quarter ended Dec '10