V2 Retail Hits Upper Circuit Limit Amid Strong Market Performance and Declining Investor Participation

V2 Retail Ltd, a mid-cap player in the retailing industry, has shown remarkable activity today as its stock hit the upper circuit limit. The stock reached an intraday high of Rs 1809.9, reflecting a 5% increase from its previous trading session. The last traded price stood at Rs 1809.85, marking an absolute change of Rs 86.1, or a 4.99% rise.
In terms of trading volume, V2 Retail recorded a total traded volume of approximately 2.33 lakh shares, resulting in a turnover of around Rs 41.94 crore. The stock has been on a positive trajectory, gaining for three consecutive days and achieving a total return of 6.87% during this period. Notably, V2 Retail has outperformed its sector, which saw a 1.96% return today, while the broader Sensex index recorded a modest 0.52% increase.

The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to these benchmarks. However, it is worth noting that investor participation has seen a decline, with delivery volume dropping by 49.47% compared to the 5-day average. Overall, V2 Retail's performance today highlights its strong market position within the retail sector.