V2 Retail Faces Significant Volatility Amid Increased Market Participation and Liquidity

V2 Retail Ltd, a mid-cap player in the Garments & Apparels industry, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price stood at Rs 1858.0, reflecting a notable decline of Rs 97.7 or 5.0% from the previous close. The stock's performance today underperformed the sector, which saw a slight gain of 0.69%.
During the trading session, V2 Retail reached an intraday high of Rs 2005.0 but fell sharply to a low of Rs 1858.0, indicating high volatility with an intraday fluctuation of 6.35%. The total traded volume was approximately 2.90 lakh shares, resulting in a turnover of Rs 54.64 crore. Notably, the weighted average price suggested that more volume was traded closer to the low price.

Despite the stock's recent decline, it remains above its 100-day and 200-day moving averages, although it is below the shorter-term moving averages. Overall, V2 Retail's performance today highlights a significant downturn amidst a backdrop of rising investor participation and liquidity in the market.