Morgan Stanley Asia (Singapore) has picked 1.15% stake in Future Retail for Rs 320.72 million on Monday. Morgan Stanley purchased 2,668,655 shares at a price of Rs 120.18 a share.

On the contrary, Macquarie Bank has divested 0.70% stake in Future Retail for Rs 191.73 million. It sold 1,612,681 shares at a price of Rs 118.89 a share.

Recently, the company has reported a profit of Rs 664.8 million for quarter ended Jun. 30, 2014 compared with loss of Rs 94.6 million in the same period last year. Revenue for the quarter increased 6.85 times to Rs 3,860.2 million.

Shares of the company gained Rs 2.45, or 1.95%, to settle at Rs 128.25. The total volume of shares traded was 3,831,654 at the NSE (Tuesday).