Add-Shop E-Retail Ltd Opens New C & F in 2 States for Expansion of Company's E-Retail business

Add-Shop E-Retail Ltd has opened 2 New C & F in 2 new states. One was in Odisha And the Second is in Andhra Pradesh during this week. There were large numbers of opportunity the company is seeing in both these states. The company has also opened a new franchises below this C & F. In Odisha 8 new franchises were opened and 11 new franchises in Andhra Pradesh.

This will boost company's retail business in both of this state it is getting good response with products from both of this states. The company has received a tremendous response for ayurvedic healthcare products as well as agriculture products.

Add-Shop would be leveraging on its robust distribution network spread across the country for its Ayryveda products. The company is having vast distribution network of more than 550 franchisees spread across 25 states. In addition, the company is having wide customer base, which offers substantial base for marketing its products to them. Such distribution network would be major growth catalyst for the company.

Dineshbhai Pandya is Promoter and Managing Director of the Company. Despite of being visually impaired, his hard-work and willingness to do something good for the society has led him to be a first-generation entrepreneur, trainer and motivator. He has been the driving force of the Company. He has well experienced in the field of Ayurveda and Pharma. He is awarded "Golden Books of records" for most village assemblies addressed by a differently able person. The Company was incorporated with a vision to find and implement solutions for two very deep-rooted challenges of our nation like unemployment & unhealthiness of our citizens.

Shares of Add-Shop E-Retail Limited was last trading in BSE at Rs. 121.95 as compared to the previous close of Rs. 124.2. The total number of shares traded during the day was 37783 in over 438 trades.

The stock hit an intraday high of Rs. 125.8 and intraday low of 119.65. The net turnover during the day was Rs. 4615757.

Source : Equity Bulls

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