V2 Retail shares plunge 19% after Q2 business update | What lies ahead for investors?
AI Summary
V2 Retail's significant drop in share price following its Q2 FY27 results highlights investor concerns over slowing growth, particularly in same-store sales. The company's ongoing expansion into Tier 2 and Tier 3 markets may take time to yield results, and the absence of festive season sales in Q2 further complicates its recovery. Retail investors should closely monitor the stock's performance against key support and resistance levels, as a sustained decline could indicate deeper issues in the company's growth strategy.
V2 Retail shares slumped over 19% on Monday, 5 October, after the value-fashion retailer released its Q2 FY27 business update on 2 October. The company reported a 28.4% year-on-year increase in standalone revenue to ₹905 crore during the quarter.
The company reported same-store sales growth (SSSG) of 0.5% year-on-year in Q2 FY27, compared with a much stronger 7.5% growth recorded in the previous quarter.
Original Article
Published on Livemint
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This is a market news update from Livemint, published on 05 October 2026.
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