Baazar Style Retail Shares Gain Ahead of Results as Revenue Drops

Shares of Baazar Style Retail Limited will stay in focus during Monday trade after the company released its second quarter results over the weekend.

Market Performance

The stock closed 5.39 percent higher at ₹468.55 per share on the BSE on Friday, November 13, giving the company a market capitalisation of ₹3,566.48 crore. The share price has jumped nearly 20.08 percent over the past week, 33.3 percent in two weeks, 22.87 percent in one month, and 34 percent over three months. The stock has given a 73 percent return since the start of 2026 and about 51 percent over the past year.

Financials And Expansion

The Kolkata-based firm reported a revenue from operations of ₹47,848.31 lakh for the second quarter of financial year 2026-27, compared to ₹53,149.66 lakh in the same period last year. Total revenue reached ₹965 crore for the first half of financial year 2026-27. The value fashion chain also grew its store network to 293 outlets across 10 states and is closing in on its target of 300 stores.

Future Outlook

Looking forward, the company expects the third and fourth quarters of financial year 2027 to be its strongest periods. It has set a turnover target of ₹2,500 crore for financial year 2027, with revenue guidance of ₹3,800 crore for financial year 2028 and ₹5,600 crore for financial year 2029. Mahesh M Ojha, VP of Research and Business Development at KC Securities, notes that the stock shows positive momentum and suggests placing support between ₹442 and ₹415, with resistance levels near ₹486, ₹503, and ₹530.

Context

Retail companies often see higher sales during the second half of the fiscal year due to the festive season. Strong store expansion plans and forward-looking guidance are common ways firms try to build investor trust despite short-term drops in quarterly revenue.