Add-Shop E-Retail opens 27 new franchises in Andhra Pradesh and Assam; Stock market gains

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Add-shop E-Retail Ltd has announced the opening of 27 new franchises in 2 different states namely Andhra Pradesh and Assam during this month. Both states have a lot of potentials for the company and the products. The company opened 22 new franchises in Andhra Pradesh and 5 new franchises in Assam.

“This will boost our retail business in both states, we are having a good + response with our products from these two states. We have had tremendous response for our Ayurvedic health products as well as our agricultural products. had good potential in these two states regarding our products,” the company said in a regulatory filing.

In addition to that, the company added, “As we had already established our company on the e-commerce business platform and we created a historical member joining this platform. We created a chain between the company and our franchise members to deliver the goods to their doorstep.

Our members and business partners are free to do business from anywhere at their fingertips. Through this platform, we run our business smoothly, and it will also ensure the satisfaction of our customers.”

At around 11:41 a.m. Thursday, Add-Shop E-Retail was trading at Rs94.75 per share, up 0.80% on BSE.

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