Shoppers Stop

Buy or sell stocks, 21 April 2026: Vaishali Parekh recommends three stocks to buy today — Shoppers Stop, Confidence Petroleum India, and Eicher Motors

The Centre is making QR code-based digital certification mandatory for all retail shops, empowering consumers to verify compliance with pricing and measurement norms via smartphone.

Shoppers Stop appointed Pankaj Chaturvedi as CFO effective April 1, 2026, replacing Karunakaran Mohanasundaram.

Following a disappointing Q3 report, Shoppers Stop's share price dropped 12%. The company reported a 69.13% decrease in net profit to ₹ 16.12 crore, although operational revenue increased slightly by 2.63% to ₹ 1,415.82 crore.

Q3 results today: ITC Hotels, AU Small Finance Bank, Gujarat Gas, SRF, Rallis India, Persistent Systems, and Shoppers Stop are among companies to declare their Q3 FY26 earnings on Tuesday.

Market researcher Euromonitor reports that luxury experiences, primarily fine dining and travel, expanding at a compound rate of nearly 78% will be the main driver of growth in India’s fast-expanding luxury business.

Shoppers Stop's sales grow 10% on-year to ₹ 1,175 crore, with premiumization's contribution rising to 69% during the September quarter.

Personal shoppers are trained retail professionals or stylists who assist customers in selecting and styling their clothing. The trend reflects a broader shift in India’s retail sector towards experience-driven, curated consumption after the pandemic.