India's V2 Retail at record high on jump in Q3 rev, same-store sales

V2 Retail

03/01/2025 06:35

** Shares of V2 Retail  VREL.NS  rise as much as 5% to hit
record high of 1,728.85 rupees
    ** Retail chain says Q3 rev jumped 58% Y/Y, with same-store
sales growth of ~25%
    ** Over 98,000 shares traded by noon IST, 2.3x the 30-day
avg
    ** Stock has gained 6.3% so far this week; on track to gain
for 8th straight week
    ** It surged 465% in 2024

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))