V2 Retail Ltd Hits Upper Circuit Limit Amid Declining Investor Participation

V2 Retail Ltd, a mid-cap player in the retailing industry, has experienced significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 1863.7, reflecting a notable increase of 2.4% during the trading session. The last traded price stands at Rs 1820.1, marking an absolute change of Rs 86.6, which corresponds to a 5% increase. The stock has shown strong performance, outperforming its sector by 1.18% and achieving a consecutive gain over the last two days, with a total return of 7.28% in this period. V2 Retail's trading volume today was approximately 0.42436 lakh shares, resulting in a turnover of Rs 7.65 crore. In terms of price movement, V2 Retail is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 85.36% compared to the 5-day average. Overall, V2 Retail Ltd's performance today highlights its strong market position and positive momentum within the retail sector.