V2 Retail Shows Strong Momentum Amid Broader Market Decline in Garments Sector
V2 Retail, a midcap player in the Garments & Apparels industry, has shown significant activity today, gaining 5.0% on May 16, 2025. This performance marks a notable outperformance against the broader market, as the stock has exceeded the sector by 3.73%. Over the past two days, V2 Retail has experienced consecutive gains, accumulating a total return of 9.96%.The stock reached an intraday high of Rs 1846.8, reflecting its upward momentum. V2 Retail is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong technical position.
In the context of the overall market, the Sensex opened lower, down 138.11 points, and is currently trading at 82,226.05, a decline of 0.37%. Despite this, V2 Retail's performance over various time frames remains impressive, with a remarkable 293.47% increase over the past year and a staggering 5331.62% rise over the last decade. The stock is part of the MomentumNow Stocks on MarketsMOJO since May 7, 2025, reflecting its recent strong performance.
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