V2 Retail opens 400th store; adds 75 new stores this year
V2RETAIL · price
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On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 2.9 pts more than its Speciality Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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V2 Retail has opened its 400th store, marking a major expansion milestone. The company added 75 new stores on a net basis in the current financial year alone. The company highlights this as a phase of strong growth, with stores spread across many Indian states, reinforcing its position as a value fashion retailer.
Positive milestone showing strong retail expansion momentum, though no revenue or margin guidance is provided.