Meanwhile, the BSE Sensex was 124.10 points, or 0.78%, to 16,059.71.

On BSE, 37,703 shares were traded in the counter as against an average daily volume of 89,412 shares in the past one quarter.

The stock hit a high of Rs 387.90 and a low of Rs 371.40 so far during the day. The stock had hit a 52-week high of Rs 485 on 15 April 2009 and a 52-week low of Rs 293 on 11 January 2010.

The stock had outperformed the market over the past one month till 8 February 2010, rising 7.06% compared with the Sensex's 9.15% fall. It outperformed the market in past one quarter, gaining 4.99% as against 1.38% decline in the Sensex.

The mid-cap apparel retailer has an equity capital of Rs 30.55 crore. Face value per share is Rs 10.

The current price of Rs 383.45 discounts the company's Q3 December 2009 annualised EPS of Rs 20.69, by a PE multiple of 18.53.

Koutons' general manager of sales and marketing, Akash Deep Sandhu was quoted by the media as saying that of the 200 stores, 100 would be family concept stores, which would include women and children's wear.

The company is moving from the men's model to the family concept model as it creates a bigger shopping basket, he said, adding the family concept model was still in the initial stages. The firm will also consider opening stores in the Middle East and South East Asia in the next fiscal, he said but did not give details.

He also said that banks were still tight in lending to the retail sector, adding the firm has not yet set a capital expenditure for the next fiscal.

Koutons Retail India's net profit rose 18.6% to Rs 15.80 crore on a 17.7% rise in sales to Rs 269.38 crore in Q3 December 2009 over Q3 December 2008.

Koutons Retail India (Koutons) designs, manufactures and retails apparels. Its products are market under the 'Kouton' and `Charlie Outlaw' brands through its exclusive brand outlets across India.

Promoters have pledged 88.19 lakh shares, or 28.87% of the equity capital of the company. The total promoter shareholding in the company is 65.80% (end December 2009).