V2 retail opens three new retail stores; stock skids ~2%

7 Mar 2022 , 03:00 PM

In its regulatory filing today, V2 Retail Limited informed the investors and exchanges that the company has opened three new retail stores in Bihar and West Bengal.

It has opened two stores in Bihar in locations — Begusarai and Chapra, and one store in Malda, West Bengal.

It also stated that in line with the company’s s strategy to evaluate performance over various parameters including store-wise profitability, the Company has closed one Retail Store located in Delhi.

Therefore, currently, 99 (Ninety-Nine) Retail stores of the Company are operational.

V2 Retail is an emerging retail chain company with over 25 years of experience in the field. It offers an unparalleled mix to its customers offering a wide range of products to its customers.

V2 Retail was trading 1.93% lower at Rs147.40 against its previous closing price of Rs150.30. It touched an intraday high and low of Rs150 and Rs139.05 respectively.