Rekha Jhunjhunwala Portfolio Gains Rs 3,88,73,875 As This Fashion Retailer Reports 29% YoY Revenue Growth in Q1 FY27; Stock Hits Fourth Consecutive Upper Circuit

On Friday, Indian benchmark indices traded higher, with the Nifty 50 index gaining 0.61 per cent to 24,323.60. Amid the broader market strength, Baazar Style Retail share price was locked in the 5 per cent Upper Circuit at Rs 323.15, extending gains for the fourth consecutive trading session following the company's strong Q1 FY27 business update.

Baazar Style Retail Q1 FY27 Business Update

Baazar Style Retail reported a 29 per cent year-on-year increase in standalone revenue from operations to Rs 4,860 million in Q1 FY27 from Rs 3,778 million in the corresponding quarter last year.

The company's Same Store Sales Growth (SSSG) stood at 7 per cent, while Sales per Square Feet (PSF) improved to Rs 679 per month. As of June 30, 2026, the retailer operated 276 stores with a total rental area of 25.80 lakh square feet. During the quarter, the company opened 18 new stores and closed 5 stores.

Shareholding Pattern

According to the latest May 2026 shareholding pattern, promoter holding stood at 44.80 per cent, compared with 45.71 per cent in March 2026.

Foreign Institutional Investors (FIIs) reduced their stake to 1.29 per cent from 1.68 per cent, while Domestic Institutional Investors (DIIs) lowered their holding to 5.93 per cent from 6.65 per cent during the same period.
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Rekha Jhunjhunwala's Holding Gains Rs 3.89 Crore

Ace Investor Rekha Jhunjhunwala held a 3.33 per cent stake in the company through 25,32,500 equity shares. With the stock gaining Rs 15.35 and hitting the upper circuit during Friday's session, the value of Rekha Jhunjhunwala's holding increased by approximately Rs 3,88,73,875 in a single trading session.

About Baazar Style Retail

Baazar Style Retail Lts is a value fashion retailer headquartered in Kolkata, catering to family-oriented customers through affordable apparel and lifestyle products. The company has a strong presence across Eastern India and continues to expand its retail footprint.

Its product portfolio includes apparel, footwear, accessories and general merchandise for men, women and children, offered through a growing network of stores across multiple states.

What are your thoughts on Baazar Style Retail's strong business growth and the stock's fourth consecutive upper circuit? Share your views in the comments below.
Disclaimer: The article is for informational purposes only and not investment advice.