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V2 Retail soars 11%, co opens stores in Uttar Pradesh, Bihar

"V2 has launched three more operational stores - two in Uttar Pradesh (Gorakhpur & Azamgarh) and one in Purnia, Bihar," says New Delhi-based retail company.

March 29, 2016 / 14:36 IST
     
     
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    Moneycontrol Bureau

    V2 Retail shares rallied nearly 11 percent intraday Tuesday on opening three stores in northern part of India.

    "V2 has launched three more operational stores - two in Uttar Pradesh (Gorakhpur & Azamgarh) and one in Purnia, Bihar," says New Delhi-based retail company.

    Its Varanasi (Uttar Pradesh) store has been closed. Therefore currently its 20 stores are operational

    The company says it has 2.3 lakh square feet of retail space, offering apparel and non-apparels.

    At 14:22 hours IST, the scrip of V2 Retail was quoting at Rs 46.00, up Rs 2.85, or 6.60 percent amid high volumes on the BSE.Posted by Sunil Shankar Matkar

    first published: Mar 29, 2016 02:36 pm

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