PATELRMARTNSEPatel Retail LimitedMediumPositive
Announced Sat, 21 Mar · 12:46 IST

Patel Retail Limited has informed the Exchange about Opening of 50th Patel R Mart Store.

Business Updates View source PDF

PATELRMART · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.2%1-day move
₹168.90
prior close
₹168.22
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.4-2.1-2.5-3.2-4.2-3.5-9.3-10.6-2.1+3.0+18.8+27.3+18.0+29.1
Up moveDown movePending
AI summary

Patel Retail Limited has opened its 50th Patel R Mart store in Thakurli (East), Thane, Maharashtra. The new store is located at Shop No. 1, 2, and 3, Govind Height, opposite 90 Ft Road, next to Ganraj Height Building. This marks a significant expansion milestone for the company, with the total store count now standing at 50 across its network. The announcement was made under SEBI Listing Regulations to inform the exchanges of the store opening.

Likely market impact

Reaching 50 stores signals steady retail expansion and growing distribution reach, which could support future revenue growth. However, the impact on the stock price is likely to be modest as no new revenue guidance or financial details were provided.