BCCL
One of India’s leading relatiler’s shares were slashed by 50% in the last one year as the company reeled in losses as a result of the pandemic-induced lockdown.
Moreover, constant court hearings of the company with Amazon kept the stock under pressure during the period. Amazon and Future have been locked in a bitter legal tussle after the US e-commerce giant dragged Future Group to arbitration at Singapore International Arbitration Centre (SIAC) in October last year, arguing that Future Retail had violated their contract by entering into the deal with rival Reliance. The market capitalisation of the company stood at ₹2,738 crore as of September 9.