Shares of V2 Retail Ltd continued their downward spiral on Monday, August 4, hitting the 5% lower circuit at ₹1,765.10. This marks the third consecutive session the stock has been locked in the lower circuit, bringing its total loss to 15% over three trading days.
The sharp decline comes despite the company reporting impressive Q1FY26 results. V2 Retail posted a 52.29% year-on-year jump in revenue to ₹632 crore and a 56.25% YoY rise in net profit to ₹25 crore. Quarter-on-quarter, revenue rose 26.65% and profit surged 316.67%.
However, the fall appears to be driven by bulk selling activity. On July 31, Motilal Oswal Mutual Fund offloaded 1.90 lakh shares (0.55% stake) of V2 Retail at an average price of ₹1,868.30, amounting to a deal worth ₹35.4 crore. The transaction triggered a selling spree, with the stock falling 5% on Thursday and Friday, and again today.
Despite solid earnings, the continued pressure from institutional selling has weighed heavily on investor sentiment.
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