SOKHI Scrip Scan : Pantaloon Retail " Make shopping, both in its store and in its stock "

Pantaloon Retail (Code :523574) CMP 185 : Kishore Biyani-promoted Future Group firm Pantaloon Retail India has posted an over 30 per cent rise in sales from its value, home and lifestyle retailing segments in March 2009 against sales clocked in the same year-ago period.

company's three segments put together generated sales worth Rs 574.56 crore last month, against Rs 441.23 crore in February 2008, up by 30.22 per cent,Pantaloon Retail India (PRIL) said in a statement. Biyani plans to open eight Big Bazaar and Food Bazaar stores by the end of next month. Future Group seems to have bucked the trend by introducing shopping festivals and heavy discounts in December and January.

The group plans to raise about Rs 1,500 crore through a mix of preferential allotment of shares to promoters and private equity funding to fuel future growth plans.Overall, it is one of the strongest player in retail. Make shopping, both in its store and in its stock.