V2 Retail Faces Trading Volatility Amid Sector Challenges and Increased 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 1890.0, reflecting a decline of Rs 85.3 or 4.32% from the previous close. The stock opened with a notable gap down of 5% and reached an intraday low of Rs 1876.6, marking a significant drop during the trading session.
Total traded volume amounted to approximately 0.68247 lakh shares, resulting in a turnover of Rs 12.87 crore. The stock has been on a downward trend, underperforming its sector by 3.96% and recording a consecutive fall over the last two days, with a total decline of 4.66% in that period.

Despite the challenges, V2 Retail's trading activity indicates a liquidity level sufficient for trades of Rs 0.24 crore, with delivery volume showing a rise of 31.71% against the five-day average. Overall, the stock's performance today reflects ongoing volatility and market pressures within the sector.