Living Room Lifestyle opens First Electronic Store

Living Room Lifestyle Ltd has announced the opening of First Electronic Store. The first store under the brand name "mobiles n gadgets" has been opened at Station Road, Kolhapur. The store is first of its kind in the city of Kolhapur and the customers will have a varied choice for lifestyle electronic goods including mobiles, laptops, audio and video gadgets and related accessories.

The city of Kolhapur is located in the prosperous sugar belt of Maharashtra with an extremely high % of affluent population. The company expects significant revenues from this store and will also have a first mover advantage.

The company plans to build a reputed brand name i.e "mobiles n gadgets" catering to various customer segments with top of the mind recall.

The company plans to open 100 electronic retail outlets in a phased manner, on a pan India basis for telecom and IT products.

The stock was trading at Rs.145.80, up by Rs.6.80 or 4.89%. The stock hit an intraday high of Rs.145.95 and low of Rs.137.50.

The total traded quantity was 10377.

Source : Equity Bulls

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