Add-Shop E-Retail opens 18 new franchises in two states for expansion of e-retail biz; Stock zooms 5%

10 May 2022 , 12:26 PM

Add-Shop E-Retail Ltd has announced that the it has opened 18 new franchises in 2 new states i.e in North India and West Bengal during last month. As per the filing, the company has opened 11 new franchises in North India and 7 franchises in West Bengal.

“This will boost our retail business in both of this state we are enjoying a good response with our products from both of this states. We received a tremendous response for our ayurvedic healthcare products as well as our agriculture products. There were a good potentiality in both of this state regarding our products”, said company.

It further added, “As we had already established our company on E-Commerce business platform and we have create a historic members joining by this platform. We have create a chain between company and our frachise members to delivered goods to them at their doorstep.

Our members and business partners are free to do business from anywhere at their fingertips. By this platform we are managing our business smoothly, and it will also provide customer satisfaction.”

At around 12:27 PM, Add-Shop E-Retail was trading at Rs102 per piece higher by 5.21% on the BSE.