PDS shares rally 16% to hit 52-week high on signing multiyear deal with French retailer

PDS shares jumped as much as 16.4% to hit a 52-week high of ₹418.50 apiece on Tuesday, July 14, after the global fashion infrastructure company entered into a contract with the global sourcing arm of a French-headquartered retailer.

The sourcing as a service (SaaS) contract was signed to manage and operate the retailer’s textile sourcing operations across Bangladesh, Pakistan, India, Sri Lanka and Turkey.

Under the multi-year partnership, PDS said it will provide end-to-end sourcing and supply chain services through a dedicated operating subsidiary, supporting the retailer’s textile sourcing strategy with a more agile sourcing model. PDS expects to manage apparel sourcing valued at over $250 million of FOB volume annually.

“This partnership reflects the strength of PDS’s platform model and our ability to deliver sourcing at scale with speed, agility and responsibility. We look forward to building a long-term relationship that creates real value for the Retailer, its customers and our supply chain partners,” said Pallak Seth, Executive Vice Chairman, PDS.

The partnership is expected to commence from November 1 and reflects PDS’s continued expansion of long-term platform relationships with leading global retailers.

PDS Limited is a global fashion infrastructure platform that offers product development, sourcing, manufacturing, and distribution for major brands and retailers worldwide handling over $2.2billion of Gross Merchandise Value (GMV).

The firm operates a vast global network covering over 90 offices in 22 countries, with over 4,400 employees and 7,500 factory associates worldwide. It had reported consolidated revenues of ₹13,110 crore for the fiscal year 2025-26 (FY26).

“Through sustained investments in digital capabilities, technology and operational excellence, we have created a scalable and agile operating model that enables us to support the evolving sourcing needs of leading global retailers. We look forward to delivering this partnership with excellence while creating long-term value for all our stakeholders,” said PDS Group CEO Sanjay Jain.

PDS share price trends

At 11:47 AM, PDS shares were trading at ₹388.60 apiece on the National Stock Exchange, rising 8.14%.

From the beginning of the year, PDS shares have jumped over 4%. Over a month’s time, the stock has gained 22%, while it has surged 11% in six months.

PDS has a total market capitalisation of ₹5,496.44 crore as of July 14, 2026, according to data on the NSE.