V2 Retail Faces Volatility Amid Significant Trading Activity and Declining Stock Performance

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 was Rs 1,825.0, reflecting a decline of Rs 51.6 or 2.75%. The stock reached an intraday low of Rs 1,782.8, marking a 5% drop from its previous close.
Today's trading saw a total volume of 0.2049 lakh shares, resulting in a turnover of approximately Rs 3.69 crore. The stock has underperformed its sector by 3.41% and has been on a downward trend, with a consecutive fall over the last three days, accumulating a total decline of 8.69% during this period.

Despite the challenges, V2 Retail's weighted average price indicates that more volume was traded closer to the low price. The stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average. Overall, V2 Retail's performance today highlights the volatility and challenges faced in the current market environment.