V2 Retail surges 3% despite shutting down one retail store in Uttarakhand

The closure of the retail store is in line with V2 Retail's strategy to evaluate performance over various parameters.

March 31, 2021 2:45 IST India Infoline News Service

V2 Retail on Wednesday informed exchanges that the company has shut down one retail store located at Haldwani (Uttarakhand).

The closure of the retail store is in line with V2 Retail's strategy to evaluate performance over various parameters including store wise profitability.

At around 2.44 pm, V2 Retail was trading at Rs125.45 per piece higher by 2.87% on Sensex.

The stock has touched an intraday high of Rs128 per piece in early deals on the index. 

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