Shoppers Stop announced that one 'Crossword' franchisee store at Tilak Road, Pune has been opened by the company's wholly owned subsidiary, Crossword Bookstores.
With the opening of this store, there are now 90 'Crossword' stores.
The stock had underperformed the market over the past one month till Mar. 22, 2014, falling 7.83% compared with the Sensex's 5.09% rise. It underperformed the market in past one quarter, declining 6.98% as against 3.20% rise in the Sensex.
Shares of the company declined Rs 8.2, or 2.13%, to trade at Rs 376.70. The total volume of shares traded was 435 at the BSE (1.35 p.m., Monday).