From ₹905 to ₹1,267: This stock gains 40% in 4 months; did you miss the rally?
The midcap stock has risen 40% against its 52-week low of ₹905.50, while it is down 26% from its 52-week high of ₹1,710.
The midcap stock has risen 40% against its 52-week low of ₹905.50, while it is down 26% from its 52-week high of ₹1,710.
The Swedish retailer aims to source locally 50% of what it sells in India.
The furniture retailer’s CEO and co-founder Ashish Goel says the company’s decision to cut overheads and lay off some employees will see it turn a profit before tax in the April-June quarter.
Pepperfry has emerged as India’s biggest online furniture player, but it hasn’t shut the door on brick and mortar altogether.
Move follows a customer complaint about a worm in the dish.
Ikea’s Peter Betzel talks about the furniture brand’s vision for India and its first restaurant here.
As the Swedish furniture maker gears up for the opening of its first store and restaurant in the country, it is bullish on the India growth story.
Urban Ladder started off its journey as a solely online player in 2012 and by 2017 it opened its first offline store. Now, the company aims to open 15 - 20 stores across India by March next year.
Funky furniture that appeals to a less structured aesthetic is what’s in with Indians today.