Cantabil Retail India marks opening of 400 stores; stock marginally up

28 Jun 2022 , 09:22 AM

Cantabil Retail India Limited, which was founded in 1989 and is in the business of designing, manufacturing, branding, and retailing apparel and accessories, has informed the exchange that it has reached the 400-store milestone today with the opening of a new store in Hajratganj, Lucknow.

“I am pleased to report that we have met our goal of opening 400 stores across the country. This is consistent with the company’s stated strategy of business expansion and growth. We intend to stay on the same strategic path, which will result in greater penetration and presence in new locations across India.

All of this has been made possible by the help of our employees, store employees, and most importantly, our customers, who have boosted our morale throughout this journey. My heartfelt thanks to everyone,” commented Vijay Bansal (Chairman & Managing Director) of Cantabil Retail India Limited.

Cantabil Retail is currently trading at Rs1,042.75 up by Rs3.2 or 0.31% from its previous closing of Rs1,039.55 on the BSE. The scrip opened at Rs1,042.75 and has touched intraday high and low of Rs1,042.75 and Rs1,042.75 respectively.