Khadim India shares fall 3% on stock market debut - News Summed Up

Khadim India shares fall 3% on stock market debut


Mumbai: Shares of Khadim India made a weak stock market debut on Tuesday. It operates retail stores under the ‘Khadim’s’ brand with a major presence in East India. The retail business operates through its exclusive retail stores catering to middle and upper middle income consumers in large cities. In retail business, it promotes nine home-grown sub-brands of Khadim’s which are Pro, Lazard, Softouch, Cleo, British Walker, Turk, Sharon, Bonito and Adrianna. It procured 85% of its products from outsourced vendors with respect to the retail business in FY17.


Source: Mint November 14, 2017 05:03 UTC



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