V2 Retail Hits New 52-Week High of Rs. 2454.15 Amid Strong Momentum
V2 Retail has reached a significant milestone by hitting a new 52-week high of Rs. 2454.15 today, marking a notable achievement for the small-cap company in the Garments & Apparels industry. This surge comes after a strong performance over the past six days, during which the stock has gained 18.56%. Today, V2 Retail outperformed its sector by 3.81%, reflecting its robust market position. The stock's intraday high of Rs. 2454.15 represents a 3.9% increase from the previous close. Additionally, V2 Retail is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
In the broader market context, the Sensex opened higher and is trading close to its own 52-week high, suggesting a bullish sentiment in the market. V2 Retail's impressive one-year performance of 72.60% further underscores its consistent returns, having outperformed the BSE500 in each of the last three annual periods. This achievement highlights the company's strong fundamentals and growth trajectory in the competitive garments sector.
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