Why Did V2 Retail Stock Crash 19% Soon After the Market Open Despite Strong Revenue Growth?
India, Oct. 5 -- The shares of this small cap company majorly engaged in the business of apparel and general merchandise across Tier-II and Tier-III cities catering to the all age group people were in focus after the company gave an update about Q2 FY27.
With the market capitalization of Rs. 6,013 Crores, the shares of V2 Retail Ltd reached an intraday low of Rs. 162.55 per share falling nearly over 19 percent from its previous day close of 201.80 per share and is trading at a P/E of 36.7 whereas industry P/E stands at 39
Strong Revenue Growth, But Market Focuses on Store-Level Performance
The retailing company V2 Retail showed a commendable year-on-year rise of 28.4% in standalone income to Rs905 crore for Q2 FY27, compared to Rs705...
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