Pantaloon Retail India Ltd Stock Quotes and Charts
Pantaloon Retail India Limited (PRIL) is planning to dilute stakes in its subsidiary companies for expansion-related purposes. The companies that are lined up are Future Media, Future Capital, Future Logistics and Central and dilution of stakes would either be way of IPOs, preferential allotment or strategic sale.<br>Equity analyst Edelweiss Securities estimates that of PRIL's total<br>requirement of Rs. 4500 crores, equity dilution would get the company<br>Rs. 1000 crores. Quoting the company's internal projections, the<br>research firm also says that in all Mr. Biyani's company needs<br>approximately Rs. 2300 crores from external sources of which Rs. 1300<br>crores will come in the form of debt. Pantaloon's expansion plans are<br>targeted at taking the group's total retail space to about 30 mn<br>square feet by the end of 2011 from the current 3.5 mn square feet. By<br>the end of FY10, Mr. Biyani is looking at 80 Pantaloon stores in<br>various parts of the country from the current number of 23. Similar<br>expansion is in the pipeline for Big Bazaar and Food Bazaar, where the<br>company aims to take the number of stores to 225 and 250 respectively,<br>growing from the current 35 and 53 respectively
• Pantaloon Retail Oct. Future (Rs. 344)<br><br>Buy only in the region 341-344 with a stop loss<br>below 338 for an intra-day target of 355.<br><br>Note: More intra-day opportunities will be provided<br>live during the market hours<br>
Pantaloon Retail Dec. Future (Rs. 350)<br><br>Buy only in the region 349-352 with a stop loss below 345 for an intra-day target of 363.<br><br>Orchid Chemicals Dec. Future (Rs. 193)<br><br>Buy only in the region 191-193 with a stop loss below 189 for an intra-day target of 200.
we have bought 500 shares of penataloon retails price of 290 so,how to project sold or hold in this shares now its recent prices 260 so pls suggest to me.
<b>Buy@ Rs 166.2 For target of Rs 177 In 1 Week.</b><br><br>BUY PANTALOON RETAIL @ CMP TARGET 177.....STOPLOSS @ 155
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