V2 Retail Shares Fall Nearly 20% to a 52-Week Low: What the Q2 Update Said

The Share Price

Shares of V2 Retail fell as much as 19.44 per cent to a 52-week low of ₹162.55 on the BSE on 5 October 2026, after the value-fashion retailer released its Q2 FY27 business update.

The Numbers

Revenue rose 28.4 per cent year-on-year, but same-store sales growth was just 0.5 per cent on a festival-normalised basis and fell 14.9 per cent on a calendar basis. The company also cut its full-year same-store sales growth guidance to 5–7 per cent from 8–10 per cent.

The Festive Shift

The company pointed to a roughly 19-day delay in the festive calendar. Navratri and Durga Puja fell in the second quarter last year but come in October, in Q3, this year, moving key festive spending out of Q2.

Store Expansion

V2 Retail has 427 stores, of which 106 were opened in the first half of FY27, and plans further openings.

A Note for Readers

This article reports company disclosures and market moves. It is not a recommendation to buy or sell any share.

Sourced from Whalesbook, Sahi and Newskarnataka market reports, 5 October 2026. For information only — not investment advice.