Shoppers Stop shares rise 20% to hit two-and-half year high
Retail giant Shoppers Stop's shares surged 20% on Monday, their highest level since January 2015. This comes after the company announced that it is selling a 5% stake for â¹179.25 crore to e-commerce major Amazon's investment arm. Shoppers Stop had also announced an exclusive tie-up with Amazon India to set up a microsite on Amazon.in.